Daily Tax Update - December 7, 2012: House Speaker Boehner Suggests White House "Slow-Walking" Fiscal Cliff Negotiations

HOUSE SPEAKER BOEHNER SUGGESTS WHITE HOUSE “SLOW-WALKING” FISCAL CLIFF NEGOTIATIONS:  Today, House Speaker John Boehner said that there was “no progress” in the fiscal cliff negotiations and suggested that the White House was trying to “slow-walk” discussions.  Boehner said, “This isn’t a progress report, because there’s no progress to report.  The president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff.  Instead of reforming the tax code and cutting spending, the president wants to raise tax rates.”  Boehner added that the White House had “wasted another week” by not responding to the offer put forth by Republicans.  Boehner added, “Nothing is going to be possible if the president insists on his position,” and characterized President Obama’s position as “my-way-or-the-highway.”

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