2014 readers choice results
Article updated: 12/15/2012 9:47 PM

Boehner offers deal on fiscal cliff that includes tax hike, source says

Buy this photo Buy this photo
Gallery Image

House Speaker John Boehner, an Ohio Republican, has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said.

Associated Press

About this Article

Signaling new movement in "fiscal cliff' talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.
Galleries by Category