Boehner Pulls Out of Negotiations, Saying No to Debt Agreement Without Tax Increase

Boehner Pulls Out of Negotiations, Saying No to Debt Agreement Without Tax Increase
Carl Hulse, The New York Times News Service: "Citing differences over tax revenues, House Speaker John A. Boehner on Saturday night said he would drop his push with President Obama for a far-reaching, $4 trillion deficit-reduction plan tied to a proposal to increase the federal debt limit. On the eve of a second round of high-level bipartisan talks set for Sunday, Mr. Boehner issued a statement saying he would now urge negotiators to instead focus on trying to craft a smaller package more in line with the $2 trillion in cuts negotiated by Vice President Joseph R. Biden Jr."
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