Boehner opens door to tax hikes, shifts fiscal cliff talks

WASHINGTON (Reuters) – The first real movement in the „fiscal cliff” talks began on Sunday, with Republican House Speaker John Boehner edging slightly closer toPresident Barack Obama‘s key demands as they try to avert the steep tax hikes and spending cuts set to take effect unless Congress intervenes by December 31.

But Boehner‘s new positions, on tax rates and the total amount of new revenue to be included in a deficit-reduction deal, were still far from those held by Obama.

Boehner opens door to tax hikes, shifts fiscal cliff talks – Yahoo! News.

 

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