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White House rejects Boehner “Plan B” with threat of tax hikes looming
Fox News ^ | December 18, 2012 | (Fox News’ Chad Pergram contributed to this report)

Posted on 12/18/2012 9:41:31 AM PST by Olog-hai

The White House on Tuesday rejected House Speaker John Boehner’s call for a fall-back option to avert the looming fiscal crisis, in a move the speaker’s office said “defies common sense.”

The feisty exchange came as both sides crept toward a possible middle ground in private talks. But underscoring the differences that remain, the White House resisted Boehner’s bid to craft a “Plan B” just in case those talks fail to yield a compromise before a Jan. 1 deadline—that’s when taxes are set to rise on everyone, followed by a wave of spending cuts.

“Every income tax filer in America is going to pay higher rates come Jan. 1 unless Congress acts,” Boehner said Tuesday morning, as he introduced his alternative plan. …

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: District of Columbia
KEYWORDS: conservtaxincrease
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To: Olog-hai

Not to worry. Boehnor will roll over and cave to whatever Barry wants eventually.


21 posted on 12/18/2012 2:50:53 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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