Sen. McConnell: Obama Tax Increases Would Be 'Job Killer'

July 11, 2011 | 9:01 AM EDT
With no budget breakthroughs in sight, bargaining between President Barack Obama and top lawmakers resumes Monday at the White House. Senate GOP Leader Mitch McConnell, R-Ky., told 'Fox News Sunday' said a $4 trillion deal offered by the president contains considerable tax increases and is off the table.