Obama's reduced revenue demand unacceptable -Boehner spokesman
WASHINGTON Dec 11 (Reuters) - U.S. House Speaker John Boehner does not view as acceptable President Barack Obama's reduced demand for new tax revenues in talks to resolve the year-end "fiscal cliff" of automatic tax hikes and spending cuts, a spokesman for Boehner said on Tuesday.
A Republican House of Representatives leadership aide said Boehner's counteroffer to Obama did not substantially change the Republican position offering $800 billion in new tax revenues over 10 years. Obama had initially called for $1.6 trillion in new revenues, but reduced that by $200 billion in his latest counteroffer on Tuesday, according to congressional aides.
- Ten countries scour sea for Malaysia jet lost in 'unprecedented mystery' |
- Shots fired in air during raid at Crimea naval base
- Missing Malaysian jet may have disintegrated in mid-air: source |
- Mexico kills drug kingpin reported dead years ago: official
- Pistorius vomits in court at Steenkamp autopsy details