Sen. Bob Corker (R-TN) came out in favor of allowing tax rates on the wealthy return to Clinton-era levels, arguing on “Fox News Sunday” that Republicans don’t have a lot of cards in their hand when it comes to negotiations. Corker argued that once Republicans concede on tax rates, they will have more leverage to negotiate on the spending side of a debt deal, namely entitlement reform. “I actually am beginning to believe that is the best route for us to take,” he said.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=163810