A top congressional Republican on Thursday expressed hope that a budget deal would be reached that gives both parties some of what they want — unless it involves a tax increase.
House Chief Deputy Whip Peter Roskam made overtures toward avoiding the so-called "fiscal cliff," which would trigger automatic federal spending cuts and the expiration of the Bush tax cuts.
Although Obama had campaigned on a platform of raising marginal tax rates, Roskim dismissed such talk as "flowery rhetoric that he used to pump up his base."
"I predict he will do it again, simply because the House is not going to pass a tax hike," he said. "It's just not going to happen."
On "The Kudlow Report," the Illinois lawmaker said Republicans were "in favor of more revenues."