But, then, neither would any other revenue measure.
The rest, he said, would have to be closed with tax increases and other revenue measures.
A number of revenue measures, including a proposal to allow loss-making start-up companies to claim tax losses on research and development.
But he conceded that all revenue measures were still on the table and that "absolutely nothing" has been ruled out.
They are used as a revenue measure almost exclusively by countries unable to collect taxes through other more sophisticated techniques.
But they don't want to support difficult revenue measures.
Whatever the proposal might yield, Mr. Schwartz said, it is essentially a revenue measure.
Plan to Raise Taxes The cost would be borne by three revenue measures over five years, though not in the current fiscal year.
He did not address himself to the other revenue measures proposed to shore up next year's state budget.
So they said revenue measures had to originate in the House.