House Speaker John Boehner, pointing to a CBO report that the “most harmful” aspect of the so-called fiscal cliff is increasing tax rates, says that’s why a “responsible path forward” includes entitlement and tax reform, “with lower rates.”
“I’m proposing that we avert the fiscal cliff together in a manner that ensures 2013 is the year” that the problem is finally addressed, he said today at the Capitol. “This framework can lead to common ground.”
“This is an opportunity for the president to lead,” said Boehner, who today has gotten his own jump on the president.
President Barack Obama, making his first public policy comments since winning re-election, today will urge quick action by Congress to keep taxes from rising on middle-income Americans at the start of the new year and begin negotiations to avert automatic spending cuts, an administration official said.
Obama plans a statement at 1:05 p.m. in the East Room of the White House.
“I don’t want to box myself in — I don’t want to box anyone else in,” Boehner said of their potential resolution. “I don’t want to limit the options that may be available to me — or the options that may be available to the White House.”