Tom Coburn is #129 on TrendPo Rank today. Let’s see how high he climbs with this news, especially given he’s the first GOP Senator to break the ranks.
Originally posted on CNN Political Ticker:
Washington (CNN) — In a significant development in the fiscal cliff standoff, Republican Sen. Tom Coburn, a leading deficit hawk, said Wednesday he would support higher tax rates on wealthier Americans as part of a broader deal with President Barack Obama and congressional Democrats to avoid the crisis.
“I know we have to raise revenue,” the senator from Oklahoma told MSNBC. “I don’t really care which way we do it. Actually, I would rather see rates go up than do it the other way, because it gives us a greater chance to reform the tax code and broaden the base in the future.”