Are revamping the issue, one deduces (7)
I believe the answer is:
reasons
'one deduces' is the definition.
(I've seen this in another clue)
'are revamping the issue' is the wordplay.
'revamping' indicates an anagram (I've seen 'revamped' mean this).
'the issue' becomes 'sons' (issue can mean someone's offspring).
'are' with letters rearranged gives 'rea'.
'rea'+'sons'='REASONS'
(Other definitions for reasons that I've seen before include "Period of reduced economic activity" , "Justifications or motives" , "Debates; thinks out" , "Infers logically" , "Logically deduces" .)