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Wednesday, July 13, 2011

Allen Supports Balanced Budget, Kaine Supports Tax Increases

As the debt-ceiling debate roils on in Washington against an Aug. 2 Treasury-imposed deadline, the issue has found its way into Virginia's 2012 U.S. Senate race.

While Republican front-runner George Allen opposes tax increases and says a balanced-budget amendment must be part of any accord, Democratic front-runner Timothy M. Kaine advocates across-the-board cuts coupled with revenue increases.

Meanwhile, candidates running to Allen's right vehemently oppose any increase whatsoever in the debt ceiling.

In a phone interview Tuesday, Kaine voiced frustration over the state of negotiations, which have stalled because of ideological differences, with Republicans opposed to any revenue increases through taxes and Democrats defiant on cuts to entitlement programs.

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