KXII - HomePage - Headlines

Obama, Boehner seem far apart

Print
By: From Wire Reports
Updated: Mon 8:10 AM, Dec 03, 2012

HATFIELD, Pa. (AP) - President Barack Obama and House Speaker John Boehner don't sound close to a deal to avoid that "fiscal cliff" of tax hikes and spending cuts due to hit in January.

Boehner says negotiations are going "almost nowhere" right now. He says Obama's proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the next decade would be a "crippling blow" to the economy and leave the nation's debt problems unresolved.

But, speaking to reporters on Capitol Hill, the Republican speaker vowed to keep working with the president to find a deal.

Meanwhile, Obama took his case on the road, telling an audience at a Pennsylvania toy factory that failing to extend tax cuts for the middle class would mean a "Scrooge Christmas" for millions.

In his first campaign-style event to sell his solution on the "fiscal cliff," Obama said Republicans should extend existing Bush-era tax rates for households earning $250,000 or less, while allowing increases to kick in for the wealthy.

He said both sides need to "get out of our comfort zones" to reach an agreement.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

In The Community

10 Oklahoma students receive Sam Noble Scholarships

Posted: 06/17/2013 - ARDMORE, Okla. —The Samuel Roberts Noble Foundation announced the 2013-2014 recipients of the Sam Noble Scholarships this week, awarding $140,000 in scholarships to 10 southern Oklahoma students.

Tire pile in Leonard has residents worried

Updated: 06/10/2013 - (LEONARD,TEXAS) -- Leonard residents are worried that piles of tires sitting at a vacant service shop are attracting mosquitoes and endagering their health

More In The Community

Most Discussed Stories

powered by Disqus
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 181597321