Friday, November 30, 2012 1:04 pm
Boehner: Obama fiscal cliff offer bad for economy
The Associated Press
He says bargaining between administration officials and congressional leaders has gone "almost nowhere."
Even so, the Ohio Republican said Friday that he wants to continue working with the president to avoid hundreds of billions in tax increases and spending cuts that will begin in January unless negotiators find a way to head them off.
In visits on Thursday to congressional leaders, Treasury Secretary Timothy Geithner presented the administration proposal. Besides tax boosts, it also called for fresh spending to help the jobless, and savings next year from benefit programs.