Top congressional Republicans say a report that few new jobs were created last month shows this is not the time for the government to be raising taxes.
With the Obama administration and Congress looking for a compromise on raising the debt limit and cutting federal deficits, House Speaker John Boehner says that a package that raises taxes on small businesses would make things worse and wouldn't pass the GOP-run House. House Majority Leader Eric Cantor says the same thing, adding, "Republicans will not agree to tax increases. Period."
Obama has insisted that some revenue increases be included in a deficit-reduction plan.
The Labor Department said Friday that the economy added only 18,000 jobs last month. The unemployment rate ticked up slightly to 9.2 percent.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to email@example.com. Please provide detailed information.