Subject: txt mny -
Tax increases may be necessary to rein in $12 trillion in federal debt, House Majority Leader Steny Hoyer (D-Md.) said Monday. Hoyer emphasized the need to reform Social Security and Medicare, but also made it clear that raising taxes will have to be on the table.
''No one likes raising revenue, and understandably so,'' ... ''But if you're going to buy, you need to pay.''
[Who 'bought' it all?]
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