House Speaker John Boehner (R-Ohio) sent the White House what his office is describing as a fresh offer to stave off the tax hikes and spending cuts set to take place at the end of the year.
“We sent the White House a counter-offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs,” said Boehner spokesman Michael Steel. “As the Speaker said today, we’re still waiting for the White House to identify what spending cuts the president is willing to make as part of the ‘balanced approach’ he promised the American people. The longer the White House slow-walks this process, the closer our economy gets to the fiscal cliff.”
Emphasis added. Yes, what cuts has the White House identified?
Interesting that the only motion we’re seeing is on the Republican side. Neither the president nor his Democrats have yet to make a serious offer.