GOP Rep. Open To Closing Loopholes To Avoid Defense Cuts

GOP Rep. Open To Closing Loopholes To Avoid Defense Cuts: pVirginia Rep. Scott Rigell (R) would consider raising new revenue through the closure of tax loopholes in order to avoid part of the automatic budget cuts that will take effect March 1, he said Thursday. Rigell was among the Republicans who hinted at support for ending the Bush tax cuts for the wealthy during debate [...]/p