Pushing back against the Republicans' deficit-reduction strategy, House Minority Leader Nancy Pelosi (D-Calif.) said this weekend that more tax revenues – not just spending cuts – must be a part of Congress's effort to rein in deficits.
Pelosi said the tax hikes in the recent “fiscal-cliff” deal are a start, but don't go far enough to generate the revenues the government needs to run the country effectively.
Source: The Hill. Read full article. (link)