Mitch McConnell draws Republican line in the sand on tax increases

Senate minority leader says debt ceiling talks must focus on spending cuts, a day after Obama targets further tax reform The Republican co-architect of the deal which meant America avoided the fiscal cliff has ruled out any further tax hikes on the rich, stating that spending cuts must be the focus of looming talks over the debt ceiling. Speaking on ABC's This Week, Senate minority leader Mitch McConnell said the issue of tax revenues was "finished, over, completed", and added that negotiations ...