Need to Know: Budget

Getting Past ‘No’

If Republicans stand firm against any and all tax increases, they could miss the chance for their biggest victory yet on spending cuts.

WASHINGTON, DC - APRIL 13:  (L to R) House Majority Leader Eric Cantor (R-VA), House Speaker John Boehner (R-OH), U.S. Sen. Jon Kyl (R-AZ) and Senate Minority Leader Mitch McConnell (R-KY) speak to reporters about meeting with U.S. President Barack Obama over the deficit debate at the U.S. Capitol on April 13, 2011 in Washington, DC. Obama is scheduled to make a major budget address this afternoon.   (Photo by Jonathan Ernst/Getty Images) *** Local Caption *** Eric Cantor;Mitch McConnell;Jon Kyl;John Boehner
National Journal