Sen. Corker: Higher Tax Rates OK

    Sen. Bob Corker, R-Tenn., arrives for a closed-door meeting of the Senate Foreign Relations Committee investigating the Sept. 11 assault on the American consulate in Benghazi, Libya, where Ambassador Chris Stevens and other embassy staff were killed, Tuesday, Nov. 13, 2012, on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)

    J. Scott Applewhite / AP Photo

    Sen. Bob Corker is the latest Republican to jump on board as the president pushes for higher taxes on Americans who make more than $250,000 a year. Lawmakers should be able to push through a deal on the fiscal cliff within the next three weeks, Corker said. Giving the president a higher tax rate for the top 2 percent of American earners may be the best way for Republicans to shift the debate back to entitlements, according to Corker, a member of the Senate Banking Committee. Meanwhile, President Obama met with House Speaker John Boehner on Sunday to negotiate a compromise though both sides are keeping mum about their discussion.

    Read it at The Hill