Politics

Reid: We need more tax increases

Reid: We need more tax increases

Senate Majority Leader Harry Reid told George Stephanopoulos Sunday that any attempts to avoid the looming “sequester” must involve tax hikes.

Reid was on This Week:

Harry Reid also said the American public was behind him.

ABC’s This Week reported:

Asserting that “the American people” are on his side, Senate Majority Leader Harry Reid, D-Nev., told me during an exclusive interview for “This Week” that any that deal reached between Republicans and Democrats to avoid the looming sequester must — “without any question” – include revenue.

“The American people are on our side. The American people don’t believe in these austere things. We believe that the rich should contribute. We believe we should fill those tax loopholes — get rid of them, I should say. And that’s where we need to go,” Reid said. “And I’ve got a pretty good fan base for that: the American people. Republicans, Democrats, and Independents.”

Reid confirmed his position on revenue would apply to any deal put into place to avert a government shutdown or lift the debt ceiling as well. This puts him directly at odds with Senate Minority Leader Mitch McConnell, R-Ky, who said earlier this month on “This Week” that the ”tax issue is finished,”But Reid — invoking the GOP’s 2012 presidential candidate Mitt Romney — suggested a deal could include such things as the elimination of oil and gas subsidies, or what he called “low hanging fruit.” The Nevada senator also pushed back when I asked if he was sidelined during the so called “fiscal cliff” negotiations, telling me he played the “bad cop” during that period.

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