Thursday, March 15, 2012

Boehner: High hopes for debt 'supercommittee'

WASHINGTON (AP) — House Speaker John Boehner said Monday that he has high hopes that a congressional "supercommittee" will be able to reach common ground on a plan to cut the deficit by at least $1.2 trillion over a decade.

But the most powerful Republican in Washington says that finding common ground doesn't necessarily mean compromising one's principles, a none-too-subtle hint that he remains strongly opposed to increasing taxes as part of the solution to deficits exceeding $1 trillion a year.

"Common ground doesn't mean compromising on your principles," Boehner said in a speech to a group of students at the University of Louisville. "Common ground means finding the places …

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