House Speaker John Boehner, R-Ohio, said that fiscal cliff negotiations have gone “almost nowhere” because President Obama has not offered a “serious proposal” to avert a debt crisis.
“There is a stalemate,” Boehner told reporters today. “Right now, we’re almost nowhere.” Noting that he took a political risk by putting revenue on the table in a press briefing after the election, Boehner faulted Obama for replying this week with a proposal that increased spending, raised taxes by $1.6 trillion over ten years, and would give the White House permanent unilateral power to raise the debt ceiling.
“I’m also determined to solve our spending problem and to solve this looming debt crisis that is about to consume us,” Boehner said. “I think the debt crisis that we face requires us to make serious decisions and it requires us to make those decision now.”