Mark Warner: Fiscal Deal Can Reform Tax Rates Lower

1 min read


Sen. Mark Warner

In an interview with Federal News Radio, Sen. Mark Warner (D-Va.) said he thinks a deal to avert the fiscal cliff could start with tax rates higher then reform them lower.

Warner told the station the more immediate goal is to not get in the way of negotiations between President Barack Obama and House Speaker John Boehner (R-Ohio).

Warner led the bipartisan Gang of Six, which proposed $4 trillion plan last year based on the Simpson-Bowles deficit reduction proposal.

The current continuing resolution expires in March 2013 and Warner wants Congress to pass a long-term budget rather than rely on the more short-term deals.

Running the federal government on three-, six- and nine-month continuing resolutions does not allow for planning from either agencies or contractors, he told the station.

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