Boehner: Debt Deal Has Tax Hike

Evan Vucci / AP Photo

House Speaker John Boehner of Ohio talks about the economy during an address at the Economic Club of Washington, in Washington, Thursday, Sept. 15, 2011. Boehner said the congressional committee charged with recommending large deficit cuts should lay the groundwork for tax changes that would enhance economic growth.

Despite incessantly insisting that tax increases will not be included in whatever debt deal the congressional "supercommittee" comes up with, John Boehner announced Thursday that tax revenues will be a part of any coming bipartisan agreement. However, the House speaker clarified, Republican tax concessions will only be made in exchange for serious reforms in Medicare, Medicaid, and Social Security on the Democrats' end.