Boehner on averting fiscal cliff: ‘God only knows’
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Speaker of the House John Boehner, R-Ohio, joined by House Majority Leader Eric Cantor, R-Va., left, speaks to reporters about the fiscal cliff negotiations at the Capitol in Washington, Friday, Dec. 21, 2012. Hopes for avoiding the "fiscal cliff" that threatens the U.S. economy fell Friday after fighting among congressional Republicans cast doubt on whether any deal reached with President Barack Obama could win approval ahead of automatic tax increases and deep spending cuts kick in Jan. 1. Associated Press |
$PHOTOCREDIT_ON$Associated Press$PHOTOCREDIT_OFF$
WASHINGTON — House Speaker John Boehner says he's still open to talks with President Barack Obama on avoiding the double economic hit of automatic tax hikes and spending cuts but he needs Obama to compromise more.
Boehner spoke to reporters Friday morning, hours after his rank-and-file Republicans handed him a bitter defeat. Boehner was forced to pull his bill to raise taxes on millionaires because he didn't have the votes for passage.
He said he didn't know how the so-called "fiscal cliff" would be avoided. Said Boehner: "How we get there, God only knows."
Boehner expressed no concern about his standing as speaker.
