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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 This material may not be published, broadcast, rewritten or redistributed.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 109 433 13,330
MORTGAGES 114 591 17,349
FORECLOSURE NOTICES 11 93 3,391
BUILDING PERMITS 0 366 30,930
BANKRUPTCIES 76 352 12,695
BUSINESS LICENSES 21 108 4,597
UTILITY CONNECTIONS 77 564 19,457
MARRIAGE LICENSES 29 151 4,060

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