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9/21, 7:27 PM (Source: TeleTrader)
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McConnell: Dems' taxing plan reckless

United States Senate Minority Leader Mitch McConnell accused on Tuesday the Democrats of trying to impose a "reckless taxing and spending spree" and "massive, historic tax hikes on Americans that would leave us one of the least competitive tax structures in the developed world."

"Democrats' plan would tax American businesses more heavily than communist China taxes theirs," he tweeted.

Earlier, McConnell expressed his opposition to the Democrats' proposal to raise the debt limit, drawing criticism from House Speaker Nancy Pelosi.

Breaking the News / JR