McConnell expressed his opposition to such a move Tuesday, saying, "The American people will not support more tax hikes in place of the meaningful spending reductions both parties already agreed to and the president signed into law."
Panetta warns of degraded military readiness
Defense secretary says 'no good options' to deal with spending cuts
POSTED: 7:43 AM Feb 06 2013 UPDATED: 12:41 PM Feb 06 2013
Copyright 2013 by CNN NewSource. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.