Boehner Kills Deal After Dems Push $2 Trillion In Tax Hikes

Speaker John A. Boehner told President Obama on Saturday night he will not agree to the president’s most ambitious plan for deficit reduction, citing the administration’s pursuit of tax increases as one of the main hurdles.

“The White House will not pursue a bigger debt reduction agreement without tax hikes,” the Ohio Republican said in a statement released Saturday night. “I believe the best approach may be to focus on producing a smaller measure, based on the cuts identified in the Biden-led negotiations, that still meets our call for spending reforms and cuts greater than the amount of any debt limit increase.”

White House communications director Dan Pfeiffer issued a statement later Saturday night repeating the president’s call for a “balanced approach” on deficit reduction and urging congressional leaders to keep negotiating with the administration on the largest possible deal.

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.

Uncategorized

Previous post

Tensions Flare Ahead of White House Deficit Summit

Next post

Presidential Candidates Warn About Debt Deal

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.