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What Now on Debt? ‘God Only Knows,’ Says Boehner What Now on Debt? ‘God Only Knows,’ Says Boehner
(35 minutes later)
WASHINGTON — House Speaker John A. Boehner, in the wake of the embarrassing defeat of his backup plan to avert a fiscal crisis in two short weeks, on Friday called on the Senate and President Obama to find a way out, but added that “God only knows” how Washington is going to get control of its finances.WASHINGTON — House Speaker John A. Boehner, in the wake of the embarrassing defeat of his backup plan to avert a fiscal crisis in two short weeks, on Friday called on the Senate and President Obama to find a way out, but added that “God only knows” how Washington is going to get control of its finances.
With the House headed home for the holidays and the Senate soon to depart, Mr. Boehner gave no hints of a path to avoid the so-called “fiscal cliff,” when more than a half trillion dollars in automatic spending cuts and tax increases kick in beginning next month. He said that on Monday, he had delivered his demands to the president for a broad deficit-reduction deal to avoid the crisis. The president delivered his “bottom lines” and told him “he couldn’t go any further.”With the House headed home for the holidays and the Senate soon to depart, Mr. Boehner gave no hints of a path to avoid the so-called “fiscal cliff,” when more than a half trillion dollars in automatic spending cuts and tax increases kick in beginning next month. He said that on Monday, he had delivered his demands to the president for a broad deficit-reduction deal to avoid the crisis. The president delivered his “bottom lines” and told him “he couldn’t go any further.”
“Because of the political divide in this country, because of the divide here in Washington, trying to bridge these differences has been difficult,” the speaker said.“Because of the political divide in this country, because of the divide here in Washington, trying to bridge these differences has been difficult,” the speaker said.
He did not blame House Republicans for bringing down his legislation that would have extended Bush-era tax cuts for all but the richest Americans, nor did he say their rebuke was a personal slap at his leadership.He did not blame House Republicans for bringing down his legislation that would have extended Bush-era tax cuts for all but the richest Americans, nor did he say their rebuke was a personal slap at his leadership.
“There was a perception created that that vote last night was going to increase taxes. I disagree with that characterization of that bill,” he said. But, he added, “we had a number of members who just really didn’t want to be perceived as having raised taxes. that was the real issue” “There was a perception created that that vote last night was going to increase taxes. I disagree with that characterization of that bill,” he said. But, he added, “we had a number of members who just really didn’t want to be perceived as having raised taxes. that was the real issue.”
The speaker insisted that he was not walking away from talks with the president but no talks appeared to be scheduled.The speaker insisted that he was not walking away from talks with the president but no talks appeared to be scheduled.
“We’ve got differences, but the country’s got big spending problems, and we’ve got to get serious about addressing it,” said Mr. Boehner.“We’ve got differences, but the country’s got big spending problems, and we’ve got to get serious about addressing it,” said Mr. Boehner.