McConnell: No Tax Increases in This Congress

Senate minority leader Mitch McConnell (R-Ky.) said this morning that Congress will not raise taxes this year to reduce the budget deficit, favoring instead a pro-growth agreement as a solution to debt ceiling debate.

“I think I can safely say this Congress is not going to raise taxes,” McConnell said. “So why are we still talking about this?” McConnell argued that if Congress wanted to raise taxes, the simplest way would be to increase them on those individuals making over a million dollars a year.