WASHINGTON — It’s déjà vu all over again on Capitol Hill.
Congressional Democrats yesterday said new tax revenues should be part of the upcoming debt-ceiling debate, while Republicans stood firm against the idea — a repeat of the raucous fiscal-cliff standoff that just ended less than a week ago.
“The tax issue is finished, over, completed. We have an incredible spending addiction,” Senate Minority Leader Mitch McConnell (R-Ky.) said on ABC’s “This Week.”
But House Minority Leader Nancy Pelosi (D-Calif.) insisted that tax increases should once again be on the table — because the $620 billion in new taxes that the Democrats got in the fiscal-cliff deal equaled less than half of the $1.6 trillion that President Obama had requested.
“That is not enough on the revenue side,” Pelosi told CBS’s “Face the Nation.”
“We’re talking about looking at the tax code, putting everything on the table from the standpoint of closing loopholes, and we know we can do that. Special subsidies for big oil, for example — $38 billion right there.”