Top Republican sees possible compromise on corporate taxes
October 9th, 2011
11:54 AM ET
10 years ago

Top Republican sees possible compromise on corporate taxes

Washington (CNN) - A leading Republican on fiscal and economic issues said Sunday that, in the midst of rampant disagreement in Washington about how best to turn around the faltering economy, he thinks the White House, Democrats, and his party may be able to reach a compromise on corporate tax rates.

Appearing on NBC's "Meet the Press," House Budget Chairman Paul Ryan, R-Wisconsin, noted that in a recent speech President Obama spotlighted business tax reform and passage of trade agreements as two areas where agreement might be reached and legislative action could be taken soon. "Great," he said. "We agree with those. Let's do those. We're bringing these trade agreements up next week in the House. I think we'll pass these things."


Filed under: Congress • Economy • Paul Ryan
soundoff (21 Responses)
  1. Four and The Door

    On Obama's Jobs bill, Ryan said:

    What's concerning about it is that he's put ideas in this jobs bill that have already proven to fail. Instead of trying to get compromise, he's embracing conflict...
    This is exactly true. Obama did not create his "jobs" bill to reduce unemployment. He created it as an Obama/Biden 2012 campaign tool. He knows it will not work as a jobs bill ( probably better that anyone else...) and he knows it will not pass. Obama is not an economist or a leader. He is a politician. Nothing more. We need more and we can do better. We will.

    October 9, 2011 12:06 pm at 12:06 pm |
  2. Reggie from LA

    No! Don't compromise!
    Go into the 2012 elections and tell America that you CANNOT approach ANY changes in tax structures that would affect the wealthy because you signed Grover Norquist's Tax Protection Pledge which won't allow you even consider changes, even if it meant fair tax distribution. Basically some guy told them not to. Duh. And in knowing this and still voting against Obama, citizens should not decry the Obama presidency and should not complain about future outcomes.

    October 9, 2011 12:12 pm at 12:12 pm |
  3. Victoria avgam54

    Glad to see some common ground on atleast a couple minor issues however, The plan is proven to work, not fail. Keep your message going mr president! Old stale repub policies got us here.. take back the house, win re-election and keep sticking up for the middle class. Congress needs to hear our cry!

    October 9, 2011 12:20 pm at 12:20 pm |
  4. vic , nashville ,tn

    This topic has to Erin Burnett outfront “Seriously”

    October 9, 2011 12:20 pm at 12:20 pm |
  5. Rudy NYC

    Rep. Ryan, is this a Republican jobs plan? You are picking out the part of the President's jobs plan that you seem to like.

    I know the Republicans say government doesn't create jobs, the private sector creates jobs. So, how many jobs will these policies create, Rep. Ryan? Republicans enacted similar policies like drunken sailors during the Bush administration and the only result was the closing of tens of thousands of factories, and the apparently permanent loss of millions and millions of manufacturing jobs. Is this supposed to be a jobs plan?

    October 9, 2011 12:23 pm at 12:23 pm |
  6. Drew

    Things? Really? What crappy discourse, things!

    October 9, 2011 12:27 pm at 12:27 pm |
  7. Nadeem

    It looks like OWS is working, the President said he will no longer compromise with a party that is unwilling too, and all of a sudden the GOP are willing to act on Agreements that have been before Congress for over a year.

    People need to keep up the pressure, tweet your congressman and senator to pass the jobs bill now – that is the only way they will listen.

    October 9, 2011 12:27 pm at 12:27 pm |
  8. Carmelle

    Feeling the pressure of being a do nothing- good for nothing congress – that the voters hate more than Obama.

    October 9, 2011 12:34 pm at 12:34 pm |
  9. Wire Palladin, S. F.

    Ryan did not get the Fox GOP memo that creating jobs in congress is dead on arrival. I think people have more trust for Burmese Pythons than the republican party. The teabaggers have earned their 11% approval rating.

    October 9, 2011 12:36 pm at 12:36 pm |
  10. Wire Palladin, S. F.

    Are we to believe that the 'do nothing' congress will pass something other than a social conservative issue? Nice try Ryan. We all know that the current house republicans care only about the wealthy, repealing women's rights, and repealing DADT. The 11% GOP approval is also tied into the GOP efforts of repealing affordable health care, repealing Wall Street regulations, repealing banking regulations that protect consumers, repealing environmental standards for clean water and air, and voter suppression.

    October 9, 2011 12:43 pm at 12:43 pm |
  11. Wire Palladin, S. F.

    Four, you need to fact check, as you are way off base again. Repeating Fox talking points makes you appear inane.

    October 9, 2011 12:46 pm at 12:46 pm |
  12. Wire Palladin, S. F.

    Good to see a republican willing to stand up for big corporations and billionaires. Just kidding.

    October 9, 2011 12:49 pm at 12:49 pm |
  13. Len

    Let us look at some history: Every President (except President Bush) raised taxes to pay for war. Bush started two wars and cut taxes.
    If we elect a GOP/Tea Party President...we will start another War (listen to Romney and Perry) this past week. Remember, the GOP/Tea Party representatives and senators signed a pledge, never, ever to raise taxes.....
    I could go on, but we elected these folks in 2010....

    Wake up America!!!!

    October 9, 2011 01:01 pm at 1:01 pm |
  14. fred ca

    Corporations don't pay taxes. They collect them. Of course liberals don't think and we keep hearing about liberal thought.

    October 9, 2011 01:12 pm at 1:12 pm |

    Once again, his mantra. Lower corporate taxes and they will creat jobs. Hey Ryan, I heard you the last million times you used that lie.

    October 9, 2011 01:24 pm at 1:24 pm |
  16. John

    No compromise with the GOP. They are snake oil salesman.........DEMS have compromised enough. Go stuff it GOP

    October 9, 2011 01:25 pm at 1:25 pm |
  17. GI Joe

    Anyone who sign Norquist's pledge should be voted out. ASAP.

    October 9, 2011 01:29 pm at 1:29 pm |
  18. GI Joe

    If you make less than $1 million/year, vote Democrat - Straight ticket in 2012. Get the obstructionists out of DC so our nation can heal.

    October 9, 2011 01:32 pm at 1:32 pm |
  19. Four and The Door

    House Budget Chairman Paul Ryan has made more progress towards getting our economy back in growth mode for creating new jobs while at the same time getting control of federal debt than anyone else in the country. It is because of this that he has achieved his leadership status. No Democrat has even tried to accomplish this and the reason is that the philosophical base of the current Democratic party holds that debt must increase for growth to increase. This approach has no possibility of solving America's financial problems. This is a key reason we are in worse shape now than when Obama took office. There is no possibility of complete success if your philosophy does not allow for it. This is the basis for a prevailing sense of frustration and all that America will ever get from an Obama administration.

    October 9, 2011 01:38 pm at 1:38 pm |
  20. vic , nashville ,tn

    Did Obama through a punch by jobs bill? May be its hurting GOP or he got the message form his town hall meeting
    Two smart people Obama and Paul Ryan couldn’t work together because of tea party

    October 9, 2011 02:02 pm at 2:02 pm |
  21. logic in LA

    All well and good as long as a tow -prong plan isn't broken up. If tax cuts are to be followed by removal of loopholes, then both areas must me voted on. This is what is wrong with almost every proposal made in the past three years. They take away the base and and vote on the result.

    October 9, 2011 02:39 pm at 2:39 pm |