DALLAS (1080 KRLD) – Debt reduction is the goal but Republicans and Democrats are still far apart on how to achieve that. With just four weeks remaining to raise the debt limit before the government goes into default, both sides continue to hold their ground.
Texas Senator John Cornyn says President Obama’s insistence on raising taxes is a deal killer. Democrats, however, say they’ve agreed to spending cuts and their deal essentially just closes tax loopholes, but many Republicans equate that to tax increases, according to the Democrats.
Listen to Senator Cornyn with Scott Braddock on 1080 KRLD: