Harry Reid said today on ABC’s “This Week” with George Stephanopoulos that any deal to solve
the looming batch of budget fights must, “without question,” include more forms of revenue as a means to further deficitreduction.
Reid set up the prospect of the elimination of subsidies to some oil and natural gas companies, invoking former Republican presidential nominee Mitt Romney to make the case for some new revenue-boosting measures.
Congress faces the , the possibility of a government shutdown at the end of March, and the .
Reid signaled that following Wednesday’s , the massive, across-the-board cuts of the sequester are not the right way to go about further deficitreduction.