Top U.S. Republican says no progress in budget talks
WASHINGTON (Reuters) - U.S. 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
- Wal-Mart and allies in face-off with Apple Pay over mobile payments
- Hundreds of Iraqi tribesmen opposed to Islamic State found in mass graves
- India's universal healthcare rollout to cost $26 billion
- PM Modi boots officials out of the first class cabin
- Sensex, Nifty hit record highs, shrug off Fed's hawkish tone
India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated 1.6 trillion rupees ($26 billion) over the next four years, a senior health ministry official said. Full Article