Read
- Special Report: Syria's Islamists seize control as moderates dither
- Obama defends U.S. intelligence strategy in wary Berlin
|
- Prosecutors plan more charges against accused Cleveland kidnapper
- Angelina Jolie stunt double sues News Corp over hacking
- Global shares flat, dollar steady before Fed decision
Sponsored Links
Boehner says he and White House in stalemate over fiscal cliff
WASHINGTON |
WASHINGTON Nov 30 (Reuters) - U.S. House of Representatives Speaker John Boehner on Friday said Republicans and President Barack Obama are locked in a stalemate, a month before a $600 billion "fiscal cliff" of tax hikes and spending cuts is set to kick in.
"There is a stalemate; let's not kid ourselves," said Boehner, speaking to reporters a day after Obama made a budget offer that Republicans called unacceptable.
Obama and Republicans are holding firm in their respective positions, with the biggest sticking point being whether to extend low tax rates on household income above $250,000. Boehner said Republicans still oppose raising tax rates on any income group.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters