U.S. Rep. Tom Reed, R-Corning, says the onus is on Democrats to find a way to prevent the automatic spending cuts slated to go into effect March 1.
“I believe that the House has acted responsibly,” Reed said. “We have seen nothing out of the White House but rhetoric.”
Reed said he believes it’s likely at this point that the cuts will go into effect. He thinks only after people have seen the results of the cuts will lawmakers be forced back to the bargaining table.
One thing that’s off the table for Reed, though, are any tax increases. Democrats want to eliminate tax breaks for oil and gas producers and introduce a minimum effective tax rate for millionaires in order to offset some of the proposed spending cuts.
“They are the party of tax increases,” Reed said. “To talk about tax increases, I just believe the Democratic party is out of touch.”
U.S. Rep. Tom Reed, R-Corning, says the onus is on Democrats to find a way to prevent the automatic spending cuts slated to go into effect March 1.
“I believe that the House has acted responsibly,” Reed said. “We have seen nothing out of the White House but rhetoric.”
Reed said he believes it’s likely at this point that the cuts will go into effect. He thinks only after people have seen the results of the cuts will lawmakers be forced back to the bargaining table.
One thing that’s off the table for Reed, though, are any tax increases. Democrats want to eliminate tax breaks for oil and gas producers and introduce a minimum effective tax rate for millionaires in order to offset some of the proposed spending cuts.
“They are the party of tax increases,” Reed said. “To talk about tax increases, I just believe the Democratic party is out of touch.”
