Key Senator Warns Against Simpson-Bowles, Arguing Revenues Can Be Raised Via Growth of the Economy – The New York Sun

That’s Kyl of Arizona, minority whip, who says (wisely):

“Tax revenues can be generated by two ways other than raising tax rates,” he said. “One is to eliminate some of the deductions, credits, exemptions, special provisions in the code that end up producing more revenue but without affecting the rates. And the other is through economic growth.”

Remains to be seen if enough other senators partake of the same wisdom.

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