Maintenance. We are currently updating the site. Please check back shortly

Thomson Reuters Foundation

Inform - Connect - Empower

Obama's reduced revenue demand unacceptable -Boehner spokesman

Source: Thomson Reuters Foundation - Wed, 12 Dec 2012 00:26 GMT
Author: Reuters
Tweet Recommend Google + LinkedIn Email Print
Leave us a comment

WASHINGTON, Dec 11 (Reuters) - U.S. House Speaker John Boehner does not view as acceptable President Barack Obama's reduced demand for new tax revenues in talks to resolve the year-end "fiscal cliff" of automatic tax hikes and spending cuts, a spokesman for Boehner said on Tuesday.

A Republican House of Representatives leadership aide said Boehner's counteroffer to Obama did not substantially change the Republican position offering ${esc.dollar}800 billion in new tax revenues over 10 years. Obama had initially called for ${esc.dollar}1.6 trillion in new revenues, but reduced that by ${esc.dollar}200 billion in his latest counteroffer on Tuesday, according to congressional aides.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of the Thomson Reuters Foundation. For more information see our Acceptable Use Policy.

comments powered by Disqus
Most Popular
LATEST SLIDESHOW

Latest slideshow

See allSee all
FEATURED JOBS
Featured jobs