Boehner says broad debt deal unlikely
@Reuters Reuters Top News Boehner says broad debt deal unlikely (Reuters) - An effort to craft a broad deal of up to $4 trillion in deficit...
https://www.jakartaforum.com/2011/07/boehner-says-broad-debt-deal-unlikely.html
@ReutersReuters Top News Boehner says broad debt deal unlikely
(Reuters) - An effort to craft a broad deal of up to $4 trillion in deficit-reduction appeared out of reach on Saturday as Republican leader John Boehner cited differences with the White House on taxes and proposed pursuing a more modest package.
"Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement without tax hikes," Boehner said in a statement. "I believe the best approach may be to focus on producing a smaller measure."
Boehner and Obama spoke by phone on Saturday.
(Reporting and writing by Caren Bohan; Editing by Bill Trott)
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