Ohio senator wants tax reform for "fiscal cliff"

Posted: 11.29.2012 at 1:39 PM

/ Barrington Broadcasting file

Ohio's Republican senator sees tax reforms, not letting taxes go up, as the way to ease the nation's fiscal crunch.
CINCINNATI (AP) --
Rob Portman says he thinks higher tax rates now for any group would be a mistake. But he says tax changes could be part of a plan that adds revenue while reducing federal spending.

Portman talked with reporters Thursday as Congress and the Barack Obama administration are trying to avoid a year-end "fiscal cliff" that would see tax cuts expire while spending cuts kick in.

Portman was on the congressional deficit "supercommittee" last year that tried to come up with a fix to the fiscal crisis. He supports "pro-growth" tax reforms and spending cutbacks.

Some Democrats have rejected suggestions that closing tax loopholes and ending deductions would be sufficient help.

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