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Cornyn open to raising revenue? Not so fast

Though he may have hinted over the weekend that he would consider raising revenue in order to avoid a government shutdown, Sen. John Cornyn (R-TX) says not so fast.

"We're not for raising taxes through the front door or back door during a fragile economic recovery," the Texas senator said on MSNBC's Andrea Mitchell Reports. "We think that would make unemployment worse, not better"

Why not try to raise some revenue, be it by raising taxes or closing loopholes or ending some subsidies?

"We're for making government smaller not bigger. It seems disingenuous to say we're going to cut spending and raise taxes," the member of both the Senate Budget and Finance Committees said.

With the U.S. unemployment rate at 9.1 percent, raising taxes would "discourage job creation," Cornyn said.

When asked to respond to critics, like center-right New York Times columnist David Brooks, who said Republicans should accept the deal Democrats have offered, which includes trillions of dollars in spending cuts in exchange for millions of dollars in revenue increases, Cornyn said, "It's premature to be declaring who is reasonable and not. Negotiations really didn't start seriously until the president himself got personally engaged."

Cornyn said once Congress completes budget negotiations for the Aug. 2nd deadline to increase the debt ceiling, "the next thing we should turn to should be tax reform."