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VOL. 127 | NO. 248 | Thursday, December 20, 2012

Boehner: Obama Should Support Fiscal Cliff Plan

AP

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WASHINGTON (AP) – House Speaker John Boehner says President Barack Obama should support a Republican plan to avoid January tax increases on everyone but those earning over $1 million. Boehner says if Obama doesn't support the measure, the president will be responsible for what he calls "the largest tax increase in American history."

Boehner spoke to reporters Wednesday at the Capitol after Obama said he believed a deal with the speaker was close to avoid the "fiscal cliff" – huge tax boosts and spending cuts taking effect in January unless lawmakers head them off.

Obama and Boehner have yet to produce a compromise. Boehner plans a House vote Thursday on his Plan B – which would head off most of the tax increases. The White House says Obama would veto that measure.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 289 1,253
MORTGAGES 96 405 1,724
FORECLOSURE NOTICES 33 111 408
BUILDING PERMITS 167 1,258 3,248
BANKRUPTCIES 51 293 1,236
BUSINESS LICENSES 29 147 541
UTILITY CONNECTIONS 67 336 1,661
MARRIAGE LICENSES 10 56 250

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