Sen. McConnell on CNN’s John King, USA

CNN’s John King spoke with Senate Republican Leader Mitch McConnell (R-KY) about transferring Kentucky terror suspects to Guantanamo, the military operations in Libya and more. A highlight from the full interview is after the jump and a full transcript will be posted on CNN.com.
MANDATORY CREDIT: JOHN KING, USA

HIGHLIGHT FROM FULL INTERVIEW

THIS IS A RUSH FDCH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

SEN. MITCH MCCONNELL (R-KY), SENATE REPUBLICAN LEADER:  Well, you have a problem.  If you — if you do tax reform, broad tax reform, which I’m in favor of doing, it — it’s a complicated process.  We — we’ve got about a — a month to six weeks here to work out some kind of agreement to cut spending in connection with the president’s request of us that we raise the debt ceiling.

I don’t think we have the time to do comprehensive tax reform, which we ought to do.  But I don’t think we have the time to do that in connection with this particular event right ahead of us, which is his request of us to raise the debt ceiling.

We’re not doing tax increases in this discussion related to raising the debt ceiling.  This is about spending too much.  We have this problem we spend too much, not because we tax too little. We’re willing to look at the issue of tax reform, but that cannot be done in the next month.

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