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McConnell: Put Aside Talking Points Because 'We Have A Spending Problem'

Senate Minority Leader Mitch McConnell (R-KY) used talking points Sunday to explain why Democrats and Republicans needed to put aside talking points to get the debt limit raised. "Are you willing -- I mean this is a negotiation, after all -- to
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Senate Minority Leader Mitch McConnell (R-KY) used talking points Sunday to explain why Democrats and Republicans needed to put aside talking points to get the debt limit raised.

"Are you willing -- I mean this is a negotiation, after all -- to talk about any kind of revenue raising?" ABC's Christiane Amanpour asked McConnell. "For instance, ethanol subsidies, for instance, tax breaks for oil and gas corporations or corporate jets, is there anywhere where revenue raising can happen without you saying it's a tax hike?"

"I think we've gotten to the point we ought to put aside our talking points and get down to what can actually pass," McConnell replied. "We know our annual discretionary spending has been too high. We have a spending problem, we don't have a problem because we tax too little. The other problem with various tax proposals, they have an adverse effect on the economy."

"Are you now basically saying, all revenue increases off the table? Are you closing the door to closing any of these loopholes that we've been discussing?" Amanpour pressed.

"What I want, Christiane, is to put together a package that can actually pass the Congress. We are past the point where we trade talking points," McConnell insisted.

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