Pelosi rules out budget deal without new tax revenues
October 30th, 2013
04:04 PM ET
6 months ago

Pelosi rules out budget deal without new tax revenues

Washington (CNN) - House Democratic leader Nancy Pelosi is ruling out any budget deal that does not include new tax revenues.

She was responding to a report on Wednesday in the Wall Street Journal that said President Barack Obama has signaled he wouldn’t insist on that condition.

"Our position is that we are going to the table in order to reduce the deficit, grow the economy, create jobs, end the sequester - revenue needs to be on the table," Pelosi said when asked by CNN about the report.

The article said Obama indicated in discussions with Senate Republicans that he could support a proposal to eliminate some of the forced sequester spending cuts, even if they were paid for without tax increases. Senate Republicans suggested the President was open to using savings from changes to entitlement programs, such as agriculture subsidies.

For the first time in four years a bicameral bipartisan budget conference committee met Wednesday to work on a fiscal blueprint to address federal spending levels.

Pelosi argued any proposal addressing the budget has to be comprehensive.

"If you're not going to have revenue who's going to pay? Granny on Medicare? That's not something we can accept," Pelosi said.

She isn't the only top Democrat closing the door on a fiscal deal without new revenues.

Senate Majority Leader Harry Reid was asked on Tuesday if he would consider such an agreement and he said, "No."

The budget committee session in the Capitol lasted two and a half hours, but the meeting consisted mostly of House and Senate members on the panel restating their positions.

Many of them urged Congress to compromise, but there was no back and forth about any potential agreement.

The chairman of the panel, House Budget Committee Chairman Paul Ryan, announced the committee won't meet in another open session for two weeks, stating that both chambers aren't scheduled to be in Washington at the same time until then.


Filed under: Congress • Nancy Pelosi
soundoff (55 Responses)
  1. Me

    sonny chapman

    George W. proved that when you cut taxes on the wealthy the Economy thrives-The Great Recession of 2003-?.
    _____________
    That is laughable, the great recession??? We rebounded in about ONE – TWO YEARS unlike the most recent one which we are STILL rebounding from after 5+ years!!!! LOL the "great recession", it was barely a blip if you look at actual data (I have study a ton of it in college, I majored in Eonomics and just graduated in May)!!!!!!!! You are just getting desperate!!

    October 30, 2013 05:08 pm at 5:08 pm |
  2. onlymho

    get spending under control – any new taxes will just be wasted just as funds are already wasted

    October 30, 2013 05:08 pm at 5:08 pm |
  3. Me

    rs

    Time to end the Republican "cut-taxes-and spend" debt and defict machine.

    * Top tax rates for earners back to 1980 rates,
    * close corporate loopholes,
    * end big oil incentives.
    * Now that Iraq is done, that savings should be reflected in the Defense budget
    ________________________
    Bush's tax cuts were done away with awhile ago and taxes increased, such a short memory you liberals have, it is surprising you can remember your own name!

    October 30, 2013 05:10 pm at 5:10 pm |
  4. DRJJJ

    Her reasoning: Why should the half of Americans that pay little to no Fed taxes be burdened by the other half of Americans that don't pay their fair share?? In the interest of fairness and equality that is! Sincerely, the left coast.

    October 30, 2013 05:11 pm at 5:11 pm |
  5. Dominican mama 4 Obama

    I wonder what a psychiatrist would say.
    -------------------------------------------------
    That they are generally speaking a bunch of checker-playing mentality, undereducated and overpaid, greedy, childish, unpatriotic, egos out of control, Christian in name only bunch of neanderthal mysoginists.
    That would be my guess (wink!)

    October 30, 2013 05:12 pm at 5:12 pm |
  6. smith

    Dominican mama-You need to come back to earth. The ACA so far has been plain awful and more people every day are not happy. If this trend does not change soon the gop won`t need deep pockets to win in 2014 because the voters will toss the dems from office. Btw, I know your mad because obama is done in 2016 but we live in a democracy not a dictatorship.

    October 30, 2013 05:17 pm at 5:17 pm |
  7. CryBabies

    Lordie,Lordie,Lordie.....So PROUD to have this woman in Congress. Definately a big part of the problem in our nations capitol.

    October 30, 2013 05:17 pm at 5:17 pm |
  8. Me

    Dominican mama 4 Obama

    CNN flipping it all upside down to make it look like the Dems are the problem
    -----------------
    Indeed.
    I've lost track of how many stories they've put up about the website problems, even though they are being worked on and resolved as we speak.
    I've yet to see ONE story on what it cost us the taxpayers when the Teatarded Republicans shut the government down for no reason.
    CNN headline: "Public may not soon forget healthcare.gov issues".
    Well I guess not because you're keeping them front and center, with every utterance, and possible scenario on the subject.
    Obamacare is going to work out it's kinks. The President will have his legacy, and in 2014 he will have a Congress he can work with.
    Not you CNN, nor anybody else with deep pockets can stop this from happenning.
    I also agree with others on this thread that it is just too bad that he cannot run for a 3rd term, because he would run and win.
    Republican's heads will explode just like those little martians in the movie "Mars Attacks!".
    We come in peace! We come in peace!
    _____________________
    Oh here we go again it is someone else, something else, you missunderstood, etc......when will it end, take some responsibility!!!!!!!

    October 30, 2013 05:17 pm at 5:17 pm |
  9. Me

    Are you kidding, you already got your tax increase on the rich and middle class cause my taxes went up at that time. When will you blood suckers stop??? Should we raise everyone's tax rate to 80%, will that make you leaches happy?

    October 30, 2013 05:19 pm at 5:19 pm |
  10. Sniffit

    This is about as dishonest as I've ever seen CNN. Paul Ryan opened today's meeting with the following statement;

    ""So I want to say this from the get-go: If this conference becomes an argument about taxes, we're not going to get anywhere. The way to raise revenue is to grow the economy.""

    Pelosi is not the one initiating a battle over whether there are new revenues by reforming the tax code and getting rid of unnecessary and wasteful loopholes and deductions. It is the GOP/Teatrolls, who are yet again coming to the negotiating table in bad faith by attempting to define "compromise" as "we get what we want and you don't."

    October 30, 2013 05:21 pm at 5:21 pm |
  11. Richard

    Use the obama method, no negotiations

    October 30, 2013 05:22 pm at 5:22 pm |
  12. Lynda/Minnesota

    @Dominican mama 4 Obama (referencing your last comment)

    You know, I've tried. Really, really tried. But I've lost all interest in GOPerville.

    I don't know why, but I'm giving CNN all the credit it deserves.

    October 30, 2013 05:22 pm at 5:22 pm |
  13. Maureen

    All the people in Washington should be fired. Who passes a law (ObamaCare) without looking at it carefully? Obama LIED to the American people. All healthcare is going to go up and ObamaCare is just going to cost everyone more money. Companies who have plans are going up, not enough people are going to be able to afford Obamacare, so they will remain uninsured and still get treatment which will be passed down by hospitals (by raising their rates). The government should all be fired and get some people who really care about the american people in office. The government should have to use this insurance, they should have to use the same retirement plan we use. They work for us, yet they get more holidays then anyone, they get special insurance, and special retirement. Social Security would be fixed rapidly if government had to use this for their retirement. I would like to be president for 6 months. Government would use same health insurance, same retirement plan, not able to vote themselves raises during a bad economy. I would not be giving a bunch of countries a lot of money that we borrow, just to give to them. Let them borrow their own money. The government is suppose to work for us, yet they treat themselves better with many holidays, long vacations, and the like. We pay them and we should dictate their salaries. They do not need to make 400+ a year, and you know they are getting tax breaks all over the place. This government needs to be fixed NOW. The will be the downfall of our great country because they forgot why they were in office which was to help the american people, not line their pockets!!!

    October 30, 2013 05:24 pm at 5:24 pm |
  14. Sorry no more, the well is dry

    I will no longer support Democrats for any office as long as Pelosi, Reid and Obama lead the party. They are far left extremists that know no bounds, no limits, especially when it comes to taking the hard earned money of the Amercan people. I cannot afford to pay more taxes as I have already been hit with massive tax increases over the last few years. Obamacare taxes me and the rest of you trillions too. And now my healthcare cost rose 19% in one year thanks to Obamacare but I am one of the lucky ones with a "small increase".

    I think the only real solution is to drive all Democrats from Congress and the WHite House in 2014 and 2016. It may be the only way me and my family will be able to survive financially. At this point I would support a compelkte 100% shut down of the federal government for as long as it takes in order to stop these endless Democrat tax increases.

    October 30, 2013 05:29 pm at 5:29 pm |
  15. No more TAX FREE RIDERS

    Hey Peloser.... get your money from the 47% that pay no federal income tax and pay NOTHING to support this country and government. Stop stealing from the ones that work so you can give it all to your drug addicted criminal supporters.

    October 30, 2013 05:32 pm at 5:32 pm |
  16. Me

    smith

    Dominican mama-You need to come back to earth. The ACA so far has been plain awful and more people every day are not happy. If this trend does not change soon the gop won`t need deep pockets to win in 2014 because the voters will toss the dems from office. Btw, I know your mad because obama is done in 2016 but we live in a democracy not a dictatorship.
    _______________
    LOL Great response, so truthful!!!!

    October 30, 2013 05:35 pm at 5:35 pm |
  17. Me

    Sniffit

    This is about as dishonest as I've ever seen CNN. Paul Ryan opened today's meeting with the following statement;

    ""So I want to say this from the get-go: If this conference becomes an argument about taxes, we're not going to get anywhere. The way to raise revenue is to grow the economy.""

    Pelosi is not the one initiating a battle over whether there are new revenues by reforming the tax code and getting rid of unnecessary and wasteful loopholes and deductions. It is the GOP/Teatrolls, who are yet again coming to the negotiating table in bad faith by attempting to define "compromise" as "we get what we want and you don't."
    _______________
    I don't recall the article stating she started it, but fact is she said it and that is what is important!

    October 30, 2013 05:37 pm at 5:37 pm |
  18. Dominican mama 4 Obama

    Oh here we go again it is someone else, something else, you missunderstood, etc......when will it end, take some responsibility
    -------------------------------------------------???
    Do YOU even know what you wre talking about or referencing with your post because it certainly had nothing to do with my comment.
    The fact remains that little to nothing has been written about the $24 BILLION that it cost the economy when the Teatards shut down the government.
    The fact remains that while you guys are on another one of your self-induced highs thinking "We got him this time" nothing will derail the law that is Obamacare. The kinks will be worked out and it will remain the law of the land, to your everlasting agony. Amen.
    BTW the word is "LEECHES" not LEACHES". Nothing like a parroting jackhole calling people names they can't even spell.

    October 30, 2013 05:38 pm at 5:38 pm |
  19. Lynda/Minnesota

    Me
    Are you kidding, you already got your tax increase on the rich and middle class cause my taxes went up at that time. When will you blood suckers stop??? Should we raise everyone's tax rate to 80%, will that make you leaches happy?
    --------------–

    Leeches, honey. The word you were looking for is leeches.

    Yeah, I know. College.

    October 30, 2013 05:38 pm at 5:38 pm |
  20. Me

    Lynda/Minnesota

    @Dominican mama 4 Obama (referencing your last comment)

    You know, I've tried. Really, really tried. But I've lost all interest in GOPerville.

    I don't know why, but I'm giving CNN all the credit it deserves.
    __________________
    LOL, if all their stories don't fit into your fairytale world narrative, you lose interest, shows how partisan you really are!! (Not that we didn't already know this)

    October 30, 2013 05:40 pm at 5:40 pm |
  21. rs

    Me

    rs

    Time to end the Republican "cut-taxes-and spend" debt and defict machine.

    * Top tax rates for earners back to 1980 rates,
    * close corporate loopholes,
    * end big oil incentives.
    * Now that Iraq is done, that savings should be reflected in the Defense budget
    ________________________
    Bush's tax cuts were done away with awhile ago and taxes increased, such a short memory you liberals have, it is surprising you can remember your own name!
    _________________________
    Sorry, but you would be mistaken. The top tier now is still in the 30s%, in 1958 it was 89%. That was under another Republican BTW- Dwight D. Eisenhower.

    October 30, 2013 05:41 pm at 5:41 pm |
  22. Obama.LIED.gov

    Pelosi, the face of another liar that scammed the American people with Obamacare. This dolt and her "you'll have to pass the bill first before you can see what is in it" comment should have her thrown out of office and hanged for treason.

    Until the American people get rid of people like this Pelosi clown, we will never have good government. This idiot is as incompetent a person as you will ever find, inside or outside of government.

    October 30, 2013 05:45 pm at 5:45 pm |
  23. Lynda/Minnesota

    LOL, if all their stories don't fit into your fairytale world narrative, you lose interest, shows how partisan you really are!! (Not that we didn't already know this)

    Partisan? Far from it.

    Personally I really don't care. Which is perhaps why I've lost interest.

    But, whatever.

    October 30, 2013 05:45 pm at 5:45 pm |
  24. Rick McDaniel

    You got your tax increase on everyone who makes over 400K a yr. That's it, folks..........no more increases in taxes.

    October 30, 2013 05:45 pm at 5:45 pm |
  25. rs

    Here's a tax deal. Sell some healthcare insurance.

    There is no easy way to know how many people have purchased ACA insurance policies so far. The WH refuses to let any cats out of the bag.
    ___________________________
    Ummm, Scott? The only people who will know if health insurance policies have been sold are the health insurance companies themselves. The ACA and the website provide neither healthcare, nor insurance, they are just the conduit between the providers and the customers.

    October 30, 2013 05:47 pm at 5:47 pm |
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