Thursday, 30 June 2011 19:50

Portman Says Debt Ceiling Compromise Possible

Written by  Larry States
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Republican Senator Rob Portman in a conference call with Ohio reporters Thursday said negotiations to expand the nation's debt ceiling hinge not only on trimming the budget, but also implementing tax reform. " It's a matter of reforming our tax code and making it more efficient. Every economist I think would agree that will help the economy, because our current code is too complicated, too expensive," said Portman.

Portman says with the nation still struggling to re-energize the economy now is not the time for tax increases as President Obama and many Democrats in Congress are proposing to reduce the nations' debt. " This quarter unfortunately we're not seeing the type of job growth or consumer confidence we hoped for, so why would you want to raise taxes? There is an obvious need to reform the tax code, and by doing so you will increase revenue because you'll have more economic activity. That's the way to go."

Portman is also fed up with what he calls the "blame game' between Democrats and Republicans over the budget deficit. " I think its too bad that it's now become a blame game, rather than how do you get to yes, and I think there's a way to get to yes," Portman told reporters.

Last modified on Thursday, 30 June 2011 19:52
Larry States

Larry States

Larry States has been a news anchor and reporter for 36 years at radio stations in Akron and Canton, including the last 26 at 1590 WAKR. States served as News Director of WAKR for 14 years. Larry also served as news director of the former WAKR TV 23 in Akron. Larry was inducted into the Broadcasters Hall of Fame in Akron in 2004. He is currently a member of the Summit County Emergency Management Committee. An Akron native, Larry is a 1970 graduate of Hower High School and a 1975 graduate of the University of Akron. Contact Larry through the newsroom at 330-864-6397 or email at lstates@rcrg.net

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