In a White House meeting with President Obama and other Congressional leaders Friday, House Speaker John Boehner traced a procedural path for reaching deficit reduction targets next year, while avoiding immediate, and deeper, budget tightening in January.
The outline, provided by Boehner’s staff, indicates that Republicans have conceded that they’ll have to meet President Obama’s call for significantly higher revenue. But it’s shy on details about where those revenues would come from and what concessions Republicans would require from Democrats in return.
“Since tax and entitlement reform are too complex to complete this year, the Speaker noted, our goal for this year, in the coming weeks, is to settle on long-term revenue targets for tax reform as well as targets for savings from our entitlement programs,” according to a Boehner aide. “Once we settle on those targets, the Speaker proposed, we can create simple mechanisms, in statute, that would achieve those revenue and spending goals. They would be in place unless or until more thoughtful policies replace them. The Speaker recalled the president’s call for a ‘balanced’ approach to the debt problem — a combination of revenues and spending cuts — and said the framework Republicans have proposed is consistent with it.”
they still have to get the ok from the t-party all Beohner say's is incumbent on how long his leash is. they made all these promises and pledges and took money not to do somethings so do they etch a sketch and don't look back, if so what price will they pay for reneging on their bribes?