U.S. House leaders demand meeting, new offer from Obama

WASHINGTON Wed Dec 5, 2012 10:42am EST

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WASHINGTON Dec 5 (Reuters) - Republican leaders in the U.S. House of Representatives on Wednesday said talks with President Barack Obama to resolve the fiscal cliff are deadlocked, and they demanded a meeting with the president to move the negotiations forward.

"Nothing is going on," in the talks, House Majority Leader Eric Cantor told reporters, following a meeting with fellow Republicans. "We ask the president to sit down with us."

Boehner presented a counter to Obama's $1.6 trillion plan this week, including $800 billion in new revenue gained from closing unspecified tax loopholes on the wealthy. Obama's proposal gains revenue in large party from raising tax rates on the wealthy.

"I'll be available at any moment to sit down with the president," Speaker John Boehner told reporters.

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Comments (2)
AmericanLady wrote:
The president has been clear on his demand to raise taxes on the wealthiest Americans. Until the GOP agrees to that there is no reason for President Obama to meet with them. At this point, the GOP is not serious about anything they might say in a face-to-face meeting with the president.

Dec 05, 2012 11:08am EST  --  Report as abuse
ConSciences wrote:
” $800 billion in new revenue gained from closing unspecified tax loopholes on the wealthy ”

Can you be more lazy and cynical? I doubt it. If the ‘loopholes’ are unspecified, the amount is bogus. Why not say you’re going to close one quintillion dollar’s worth of loopholes, more than the world economy? It would be equally as credible.

It is congress’ job to draft and pass a budget. This is dereliction of duty.

Dec 05, 2012 11:09am EST  --  Report as abuse
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