Cornyn said Republicans and a handful of Democrats are pushing to “lower the rates and broaden the base. That would make our tax system more logical, more efficient and more conducive to strong economic growth.”
But he faulted Obama for failing to show leadership on the issue.
"Republicans have made clear our position: We're eager to prevent the largest tax increase in American history, and we don't see any reason for delay. We sincerely hope the president will work with us to save jobs, protect family incomes, and strengthen the economy,” he said.
Terri Henderson, 6, center, whose mother is El Salvador, attends a rally with members of Congress at Union Station's Columbus Circle to announce the Restore Opportunity, Strengthen, and Improve the Economy (ROSIE) Act on July 29, 2014. The legislation provides incentives for government contractors to pay a living wage and other benefits that would help low-income workers.