WASHINGTON Dec 18 The White House on Tuesday
rejected House of Representatives Speaker John Boehner's "fiscal
cliff" backup proposal, saying it fails to meet President Barack
Obama's call for a balanced approach and does not put enough of
a tax burden on the wealthiest Americans.
The White House weighed in after an aide to Boehner, the top
Republican in Congress, said the the speaker would begin work on
"Plan B" legislation, which would simply extend lower tax rates
for incomes below $1 million a year, while negotiations proceed
with the White House on a broader tax and spending deal.
"He (Obama) is not willing to accept a deal that doesn't ask
enough of the very wealthiest in taxes and instead shifts the
burden to the middle class and seniors," Obama spokesman Jay
Carney said in a statement. "The president is hopeful that both
sides can work out remaining differences and reach a solution so
we don't miss the opportunity in front of us today."