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Nunnelee: Across-the-board cuts

Nunnelee: Across-the-board cuts

By: Magnolia Tribune - December 24, 2012

Nunnelee: Across-the-board cuts better than none

U.S. Rep. Alan Nunnelee, R-Miss., said on Friday that he does not support passing new legislation that would raise anyone’s taxes.

Nunnelee’s statement comes as Republican and Democratic congressional leaders seek an agreement to avoid the so-called “fiscal cliff.” If neither side takes action, significant tax increases and government spending cuts will automatically take effect on Jan. 1.

Both sides have been negotiating over increases or cuts that would be more palatable. President Barack Obama originally advocated for a tax increase for families making more than $250,000 – along with spending cuts – but has indicated he was willing to compromise up to $400,000.

djournal.com
12/21/12

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.