![House Speaker John Boehner of Ohio, who spoke with President Barack Obama yesterday, arrives for a closed-door meeting with the GOP caucus, Wednesday, Dec. 12, 2012, on Capitol Hill in Washington. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions. (AP Photo/J. Scott Applewhite)](http://thecabin.net/sites/default/files/imagecache/superphoto/fiscal%20cliff_0.jpg "House Speaker John Boehner of Ohio, who spoke with President Barack Obama yesterday, arrives for a closed-door meeting with the GOP caucus, Wednesday, Dec. 12, 2012, on Capitol Hill in Washington. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions. (AP Photo/J. Scott Applewhite)")
WASHINGTON (AP) — House Republican leaders are pressing President Barack Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called "fiscal cliff" of automatic tax hikes and budget reductions.
Speaker John Boehner tells reporters at a Capitol Hill news conference that he and the White House have some "serious differences." He says the GOP proposal is a balanced approach.
House Majority Leader Eric Cantor urged the president Wednesday to produce more specifics. He raised the possibility of Congress being in session through the Christmas holiday.
The combination of automatic tax increases and spending cuts would go into effect after the first of the year. Economists have warned it could plunge the nation into a recession.
Boehner and Obama spoke by phone Tuesday.
Comments (1)
Add comment"Balanced"
Guess that's in the eye of the beholder.
This from ABC:
"Barack Obama holds a substantial advantage over John Boehner in handling budget negotiations to avoid the fiscal cliff: Nearly twice as many Americans in a new ABC News/Washington Post poll approve of the president’s work on the issue so far as favor the speaker’s approach."
Well...............
We are an entitlement society...... Don't tax me, just tax the man behind that tree. This is BO's American Dream from his father. The uninformed/uneducated voting minority is running the country. BO is laughing about how easy it is.
Someday, we pay the piper.