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House GOP leader Cantor says deficit deal likely

WASHINGTON (AP) — Sidestepping controversy, House Majority Leader Eric Cantor, R-Va., declined to take sides Monday on a proposal for higher tax revenues backed by fellow Republicans on Congress' supercommittee, yet expressed confidence the panel would agree on a deficit-reduction plan of at least $1.2 trillion by a Nov. 23 deadline.

A proposal for $300 billion in higher taxes has stirred grumbling within the ranks of congressional Republicans, for whom opposition to such measures has been political bedrock for more than two decades.

AP Photo/Manuel Balce Ceneta

House Majority Le...

 

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