Obama must lead effort to avoid fiscal cliff: Boehner

WASHINGTON Fri Nov 9, 2012 12:02pm EST

Speaker of the U.S. House of Representatives John Boehner addresses the second session of the Republican National Convention in Tampa, Florida August 28, 2012. REUTERS/Mike Segar

Speaker of the U.S. House of Representatives John Boehner addresses the second session of the Republican National Convention in Tampa, Florida August 28, 2012.

Credit: Reuters/Mike Segar

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WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner on Friday called on President Barack Obama to lead the efforts to avert the $600 billion "fiscal cliff" of tax hikes and spending cuts looming at year's end, but stood by his opposition to any tax rate increases on the wealthy.

Boehner spoke shortly before Obama was to give his first public comments since his win on Tuesday over Republican challenger Mitt Romney.

"I am hopeful that productive conversations can begin soon," Boehner said. He then repeated he would staunchly oppose higher tax rates on the wealthy, which Obama made a key theme of his re-election campaign.

"You can put revenue on the table through fixing our broken tax system, getting our economy going again and getting more Americans back to work," Boehner said.

(Reporting By David Lawder; Editing by Vicki Allen)

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Comments (6)
Stickystones wrote:
This is John’s way of saying ‘It’s your move Obama, what’s your proposal?’. If the House can find a way to meet the revenue targets by not increasing rates, then so be it. If not, they will have to argue over where to cut spending. That is the crux of the matter. Even Obama’s tax rate increase proposals don’t come close to balancing the budget. All sides need to give in & swallow hard and pass some meaningful legislation.

Nov 09, 2012 12:29pm EST  --  Report as abuse
Harry079 wrote:
Anyone who watched to speaker today heard him talk about the 10,000 baby boomers a day retiring.

He said something that most politians won’t mention ever.

This is not a direct quote but went something like this:

“It’s not like there is any money in SS and Medi-care.”

Ooops!

Nov 09, 2012 12:45pm EST  --  Report as abuse
neahkahnie wrote:
Speaker Boehner is a smart man. He is a wizened pol. Has he ever read Article I, Section 8 of the Federal Constitution? It’s the one that talks about CONGRESSIONAL POWERS. He needs to read it and discover who has the power over the budget. He also needs to understand the concept of separation of powers. We don’t want a “strong father figure” in the White House. We need strong people to SHARE power in both the Administration AND the Legislative branch. SHARE POWER. Think about it.

Nov 09, 2012 1:23pm EST  --  Report as abuse
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