Contact Us

Boehner: White House Risks Fiscal Cliff Stalemate [VIDEO]

 

House Speaker John Boehner says the White House is so resistant to cutting spending that it is risking pushing the country off the “fiscal cliff.”

House Speaker John Boehner
House Speaker John Boehner (Alex Wong, Getty Images)

In remarks he prepared to deliver to reporters on Thursday, the Ohio Republican says President Barack Obama has not been serious about controlling spending, which Republicans say is the source of government’s budget deficit problems. Boehner says Obama wants far more in tax increases than on spending reductions, and says the president’s refusal to control spending is why talks between the two men have failed to reach an agreement so far.

Wide-ranging tax increases and spending cuts will begin to take effect in January — the so-called fiscal cliff — unless Obama and congressional Republicans work out a deficit-cutting agreement to avert them.

Pelosi says time running out for fiscal cliff deal

House Minority Leader Nancy Pelosi (D-CA)
House Minority Leader Nancy Pelosi (D-CA) (Chip Somodevilla/Getty Images)

House Democratic Leader Nancy Pelosi says a deal must be reached “in the next couple of days or the very beginning of next week” to avoid the fiscal cliff of automatic tax hikes and spending cuts.

The California Democrat criticized Republican House leaders for sending lawmakers home on Thursday, saying they should stay in Washington and work on a solution. Last week, most House members left town on Wednesday.

Pelosi said, “Here we are once again having a two-day work week in the Congress of the United States.”

Negotiations appear at standstill over President Barack Obama’s insistence that tax rates increase for top earners. House Speaker John Boehner has agreed to increased tax revenue through reducing or eliminating unspecified tax breaks. But Boehner opposes raising tax rates.

 

FULL COVERAGE: Fiscal Clilff


(Copyright 2012 by The Associated Press. All Rights Reserved.)

 

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wobm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on 92.7 WOBM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!