Boehner: Obama fiscal cliff offer bad for economy
by AP News Now
Nov 30, 2012 | 814 views | 3 3 comments | 5 5 recommendations | email to a friend | print
In this Nov. 16, 2012, file photo, President Barack Obama acknowledges House Speaker John Boehner of Ohio while speaking to reporters in the Roosevelt Room of the White House in Washington, as he hosted a meeting of the bipartisan, bicameral leadership of Congress to discuss the deficit and economy. (AP Photo/Carolyn Kaster, File)
In this Nov. 16, 2012, file photo, President Barack Obama acknowledges House Speaker John Boehner of Ohio while speaking to reporters in the Roosevelt Room of the White House in Washington, as he hosted a meeting of the bipartisan, bicameral leadership of Congress to discuss the deficit and economy. (AP Photo/Carolyn Kaster, File)
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WASHINGTON (AP) — House Speaker John Boehner (BAY'-nuhr) says President Barack Obama's proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the next decade would be a "crippling blow" to the economy and leave the nation's debt problems unresolved.

He says bargaining between administration officials and congressional leaders has gone "almost nowhere."

Even so, the Ohio Republican said Friday that he wants to continue working with the president to avoid hundreds of billions in tax increases and spending cuts that will begin in January unless negotiators find a way to head them off.

In visits on Thursday to congressional leaders, Treasury Secretary Timothy Geithner presented the administration proposal. Besides tax boosts, it also called for fresh spending to help the jobless, and savings next year from benefit programs.

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Comments
(3)
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cobbperson
|
December 01, 2012
boner loves to protect his rich friends. He doesn't care about the debt.
Reply
Dave G
|
November 30, 2012
Here's an idea on how Obama can save some money forego the expensive ceremony in January. Call it off. Have it televised in the oval office instead. You want to save the economy you need to give some too.
Reply
jaggar
|
November 30, 2012
I totally agree with you. He was already sworn in once and doesn't need to spend all that money again. His first stimulus did nothing and he wants to spend more money. Thank you to all that voted for this man. His only solution is to raise taxes on the rich which does nothing and raise his spending! Really?
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