No "substantive" progress made on fiscal cliff: Boehner

WASHINGTON Thu Nov 29, 2012 12:02pm EST

1 of 2. U.S. House Speaker John Boehner (R-OH) speaks during a news conference on Capitol Hill in Washington, November 28, 2012. Boehner voiced optimism that Republicans could broker a deal with the White House to avoid year-end austerity measures, saying on Wednesday that Republicans were willing to put revenues on the table if Democrats agreed to spending cuts.

Credit: Reuters/Yuri Gripas

Related Topics

WASHINGTON (Reuters) - House Speaker John Boehner said on Thursday that no substantive progress has been made to avoid the "fiscal cliff" of spending cuts and tax hikes that will start to go into effect early next year if Washington does not act.

"Listen, I remain hopeful that productive conversations can be had in the days ahead. But the White House has to get serious," House of Representatives Speaker Boehner told reporters after a meeting with Treasury Secretary Timothy Geithner and the White House's main liaison to Congress.

Boehner characterized the discussion with Geithner as frank but said the treasury secretary did not provide a substantive plan for dealing with the fiscal cliff.

(Reporting By Dave Lawder and Rachelle Younglai; Editing by Vicki Allen)

FILED UNDER:
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article 

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.