At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again. Video
- Journalist who brought down U.S. general is killed in Los Angeles car crash
- Kanye West wins over critics with 'daring' new album 'Yeezus'
- Angelina Jolie stunt double sues News Corp over hacking
- Massachusetts police search NFL player's home in homicide probe: report
- UPDATE 2-United Dreamliner diverted due to possible oil filter problem
House Speaker Boehner says no progress in budget talks
WASHINGTON (Reuters) - House Speaker John Boehner said White House and Republican negotiators had made no progress in talks to avert the "fiscal cliff" of sharp tax hikes and deep spending cuts that looms early in January.
"We're nowhere" Boehner, the top House Republican, said on "Fox News Sunday."
"We've put a serious offer on the table by putting revenues up there. ... But the White House has responded with virtually nothing," he said.
Boehner said Congress will never agree to the White House suggestion that the federal debt limit be raised without a congressional vote. "Congress is never going to give up that power. ... It is the only way to leverage the political process." he said.
(Reporting by Jackie Frank; Editing by Bill Trott)
- Tweet this
- Share this
- Digg this