McConnell: Talking about tax revenue not helpful

By the Associated Press | June 26, 2011 | 10:15 AM EDT

FILE - In this June 23, 2011 file photo, President Barack Obama speaks in New York. It might be time for another midnight ride by Paul Revere, this time warning "the creditors are coming." Americans seem not to have awakened to the fast-looming debt crisis that could summon a new recession, imperil their stock market investments and shatter faith in the world's most powerful economy. Those are among the implications, both sudden and long-lasting, expected to unfold if the U.S. defaults on debt payments for the first time in history. (AP Photo/Carolyn Kaster, File)

WASHINGTON (AP) — The Senate's top Republican says throwing more tax revenue into the mix isn't the answer as budget talks move into a new stage.

Senate Minority Leader Mitch McConnell tells ABC's "This Week" that proposals to seek more tax revenue won't pass Congress.

McConnell is set to meet with President Barack Obama on Monday evening, and he says the focus should be on proposals that can pass Congress.

Democrats want to raise some revenue by closing loopholes and trimming tax breaks for big companies and wealthy people.

The Democratic leader of the Senate, Harry Reid, is meeting with Obama on Monday morning.

Talks between congressional leaders of both parties ended last week when Republicans walked out amid an impasse over the question of taxes.