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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 This material may not be published, broadcast, rewritten or redistributed.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 106 418 11,538
MORTGAGES 135 521 14,424
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 220 913 24,947
BANKRUPTCIES 53 297 8,729
BUSINESS LICENSES 26 119 3,890
UTILITY CONNECTIONS 71 524 13,980
MARRIAGE LICENSES 13 83 3,114

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