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Speaker john boehner. Reporter president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. The president s latest Campaign Style appearance follows a weekend white house meeting with House Speaker john boehner. Sources tell cbs news both sides remain hopeful but little progress was made. If they cant reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across the board spending cuts will kick in on january 1. Economists say that combination could plunge the country back into a recession. There are signs some republicans are now willing to compromise on taxes if they can secure cuts to social security, medicare and medicaid. The rate increase on the top 2 that the president is talking about and all of a sudden the shift goes back to entitlements. Reporter one proposal u ....
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