Tags: Obama Budget | Boehner

Boehner Backs Entitlement Moves, Rejects Tax Hikes

Wednesday, 10 Apr 2013 11:05 AM

House Speaker John Boehner says President Barack Obama deserves some credit for what Boehner calls incremental entitlement reforms in his budget proposal.

But Boehner says he hopes Obama will not "hold hostage" those reforms in his demand for higher taxes. He says Obama got a tax hike as part of the "fiscal cliff" negotiations at the end of last year and that further tax increases were not needed.

Robbed: Secret ‘Financial War’ Will Wipe Out Your Wealth, Warns Pentagon Adviser

The Obama budget envisions reducing the federal deficit through a combination of higher taxes on the wealthy and trimming benefit programs such as Social Security.

Boehner said the two sides should concentrate on what they can agree on and held out hope that in the coming weeks that Republicans and the White House could find common ground on ways on deficit reduction.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Newsfront
House Speaker John Boehner says President Barack Obama deserves some credit for what Boehner calls incremental entitlement reforms in his budget proposal.But Boehner says he hopes Obama will not hold hostage those reforms in his demand for higher taxes. He says Obama got...
Obama Budget,Boehner
142
2013-05-10
Wednesday, 10 Apr 2013 11:05 AM
Newsmax Inc.
 

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