Oregon delegation works to avoid fiscal cliff

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Monday, November 19, 2012

Oregon legislators are touting their ideas on how to solve the country's financial problems.

Wyden, D-Ore., wants to help bring Democrats and Republicans together and build support for a bipartisan tax-reform bill he introduced in May 2011 along with Sens. Dan Coats, R-Ind., and Mark Begich, D-Alaska.

Sen. Jeff Merkley, D-Ore., said the Bush tax cuts, two wars, a new Medicare prescription drug benefit and the housing crisis caused the exploding deficit. The recession, which required additional borrowing to finance a bank bailout and an economic stimulus package, also was a large contributor.

Read more at The Statesman Journal.

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