South Carolina's Lindsey Graham says he's "willing to generate revenue" by steps such as capping tax deductions, which he says would most affect upper-income Americans. But he says he won't agree to higher taxes - a position shared by most Republicans in Congress.
President Barack Obama wants to let tax rates rise for wealthy families while sparing middle- and low-income taxpayers.
Graham tells ABC's "This Week" that "for the good of the country," he's ready to violate an anti-tax pledge followed by most Republicans if Democrats agree to big changes in entitlement programs.
