Tags: boehner | fiscal | cliff | taxes

Boehner: Revenue on the Table, as Long as Spending Cuts Are Too

U.S. House Speaker John Boehner voiced optimism that Republicans could broker a deal with the White House to avoid year-end austerity measures, saying on Wednesday that Republicans were willing to put revenues on the table if Democrats agreed to spending cuts.

"I am optimistic that we can continue to work together to avert this crisis sooner rather than later," the Ohio Republican told reporters. "We (Republicans) put revenue on the table as long as it is accompanied by serious spending cuts to avert this crisis."

The $600 billion in tax increases and spending cuts will start going into effect early next year if the Obama administration and lawmakers cannot agree on how to change the law. Top policymakers say these austerity measures could topple the U.S. economy back into a recession.

© 2015 Thomson/Reuters. All rights reserved.

1Like our page
2Share
Newsfront
U.S. House Speaker John Boehner voiced optimism that Republicans could broker a deal with the White House to avoid year-end austerity measures, saying on Wednesday that Republicans were willing to put revenues on the table if Democrats agreed to spending cuts. I am...
boehner,fiscal,cliff,taxes
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved