Zeitnot

Friday, November 30, 2012 12:48:09 (US) House Speaker Boehner: President Obama’s proposals will hurt small businesses; reiterates the focus should be on spending; “there is a stalemate” and “right now we’re almost nowhere”- Reiterates President Obama’s proposal “was not serious.” White House spent the last 3 weeks putting together a proposal that includes only $400B in cuts, $1.6T in tax hikes, and asks for billions in new stimulus spending. – Notes that Republicans want a bipartisan solution that can pass through both Houses of Congress. Comments that the GOP is willing to work with the President; finding common ground is better soon rather than later. – Says that the GOP original deficit reduction framework provided still holds, want to raise taxes through removal of loopholes