Sunday, December 16, 2012

Boehner Caves: Obama Says 'Not Good Enough'

(Politico) Boehner’s offer on tax rates was a significant move toward Obama’s position. But the proposal, as a whole, still isn’t acceptable to Democrats because of the level of revenue, the changes to entitlement programs that would hit beneficiaries and the absence of an extension for unemployment insurance benefits, according to a source familiar with the talks.

Boehner’s office would not comment on the current state of the talks with Obama beyond saying no deal has been reached at this time, nor is one expected soon. "The lines of communication remain open, but there is no agreement, nor is one imminent," said Michael Steel, Boehner’s spokesman.

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Posted By: Chris Carmouche