GOP Senator to Consider Tax Hikes to Stave off Defense Cuts in Sequester Deal

Sen. Lindsey Graham (R.-S.C.) said Monday he would consider ceding to Democrats’ demands for tax increases as long as defense was better protected and social programs such as Medicare and Medicaid were reformed in a big way, according to a report by the Wall Street Journal.

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Sen. Graham made the announcement yesterday on CNN. He said he’d likely talk to President Barack Obama about it in a White House meeting today with Sen. John McCain (R-Ariz.).

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