Sunday, December 16, 2012

Boehner opens door to tax hikes, shifts U.S. fiscal cliff talks

U.S. House Speaker Boehner listens to a question while speaking with reporters in the Capitol in WashingtonWASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner's offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end "fiscal cliff." The question now boils down to what President Barack Obama offers in return. Such major questions, still unanswered so close to the end of the year suggest, however, that no spending and tax agreement is imminent. ...


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