That Speaker John Boehner met with the president to discuss the officials of the fiscal cliff. Were just days before the congress and the white house has to hammer out a deal or everyones going to suffer the consequences. Emily, what have you learned about todays meeting . Allison we know that todays meeting was not on the schedule today. So that means we have to rely on the word from the White House Deputy press secretary and a congressional staffer which happens to be the exact same words. They released two separate statements, both identical and this is the statement. It says this afternoon the president and Speaker Boehner met at the white house to discuss efforts to resolve the fiscal cliff. Were not reading out details of the constitution, but the lines of communication remain. On wednesday, youll remember a source familiar with the conversation said they did speak by phone, at that point it was the first time in a week they had done so. No reported breakthrough then. And then on
A lot of cards as it relates to the tax issue before year end. We have one house, thats it. The presidency and the senate is in the democrats hands. A lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2 increase that hes talking about, the rate increase on the top 2 and all of a sudden the shift goes back to entitlements. I actually am beginning to believe that is the best route for us to take. But on meet the press House Majority whip Kevin Mccarthy disagreed on giving way on tax increases while his counterpart in the senate, dick durbin, said the president was willing to go off the cliff if necessary. The president wants the rates to go up, that doesnt solve the problem. We dont want to be back here in another year, another ten years answering the same question, but the president s asking for higher rates. Hes asking for more revenue. Most economists agree the best way to get that is through closing special loopholes. You kno
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