News / USA

House Speaker Blames Obama for Stalled 'Fiscal Cliff' Talks

House Speaker John Boehner of Ohio points to a chart to emphasize his talking point that government spending complicates the negotiations on avoiding the so-called "fiscal cliff," during a news conference on Capitol Hill in Washington, Thursday, Dec. 13,
House Speaker John Boehner of Ohio points to a chart to emphasize his talking point that government spending complicates the negotiations on avoiding the so-called "fiscal cliff," during a news conference on Capitol Hill in Washington, Thursday, Dec. 13,
Cindy Saine
— With less than three weeks remaining until massive tax hikes and government spending cuts take effect unless Congress acts, Democrats and Republicans are blaming each other for failing to avert the so-called fiscal cliff. 
 
The most powerful Republican politician in Washington, Speaker of the House John Boehner on Thursday made clear there has been little progress in his negotations with President Barack Obama on a budget and tax deal. He blamed the president for refusing to focus on the government spending cuts Republicans want.
 
"Unfortunately the White House is so unserious about cutting spending that it appears willing to slow-walk any agreement, and walk our economy right up to the fiscal cliff," he said. 

Watch a related report by Michael Bowman
No Progress on US Debt Reduction Pacti
|| 0:00:00
X
Michael Bowman
December 14, 2012 12:45 AM
A deal to curb America’s national debt remains elusive less than three weeks before severe tax increases and budget cuts - the so-called “fiscal cliff” - automatically take effect. The House of Representatives adjourned for the week with no narrowing of differences between the speaker and President Barack Obama on a deal that would spare Americans significant financial and economic pain beginning next year. VOA’s Michael Bowman reports.
But the top Democrat in the House, Nancy Pelosi, blasted Boehner and the Republican leadership for leaving town Thursday, even though they only began work this week on Tuesday afternoon. 
 
"Here we are 18 days from a possible fiscal cliff, hopefully not, 12 days until Christmas, and here we are once again, having a two-day work week in the Congress of the United States," she said. 
 
[Boehner and President Obama held snother meeting on the issue at the White House later Thursday, but no progress was reported.]

Boehner blamed the president and Democrats for insisting that income taxes rise for the top 2 percent of earners in January. The White House wants to extend Bush-era tax cuts, which are set to expire January 1, for the rest of the country.
 
"He wants far more in tax hikes than in spending cuts, and instead of beginning to solve our debt problem, he wants new stimulus spending and the ability to raise the debt limit whenever he wants without any cuts or reforms.  It is clear the president is just not serious about cutting spending," he said. 
 
President Obama has repeatedly said that he just won re-election by saying the wealthiest Americans must pay their fair share in taxes. Republicans say they want a bigger budget solution that includes substantial cuts to government spending, especially on social welfare programs.
 
Economists and business leaders have warned that without a deal, higher taxes and sharp government spending cuts could send the U.S. back into recession.
 
Democratic leader Pelosi says that so far global markets have not reacted much to the uncertainty created by the standoff, but warns that there are only a few days left to get an agreement passed into law, and the markets may react as the deadline approaches.
 
"So far they trust that we would not be so stupid as to go over a cliff," she said. 
 
House Republicans say Congress will not adjourn for the year until a solution is found to the fiscal impasse, and since there is no agreement in sight, lawmakers may be spending the holidays in Washington.

You May Like

As AIDS Epidemic Matures, Workplaces Adapt

Issue of AIDS in workplace is one of many social issues being discussed at the 20th International Aids Conference in Australia More

Is Air Travel Safe?

Aviation expert says despite tragic losses of Malaysian Airlines flights 370 and 17, industry experienced lowest fatality rate in recorded history last year More

Multimedia 100 Days Later, Nigerian Girls Still Held

Activists holding rallies in Nigeria and several other countries to mark 100th day of captivity for more than 200 schoolgirls being held by Boko Haram More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
IAEA: Iran Turns its Enriched Uranium Into Less Harmful Formi
X
July 22, 2014 10:26 AM
Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video Relic of Saint Draws Catholics Worried About Immigration Issue

A Roman Catholic saint who is a figure of devotion for those crossing the border into the United States is attracting believers concerned about the plight of undocumented immigrants. Mike O'Sullivan reports from Los Angeles, where a relic of Saint Toribio has drawn thousands to local churches.
Video

Video Ukraine Rebels Surrender MH17 Black Boxes

After days of negotiations, a senior separatist leader handed over two black boxes from an airliner downed over eastern Ukraine to Malaysian experts early Tuesday. While on Monday, the U.N. Security Council unanimously demanded that armed groups controlling the crash site allow safe and unrestricted access to the wreckage.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.
Video

Video Nature of Space Exploration Enters New Age

Forty-five years ago this month, the first humans walked on the moon. It was during an era of the space race between the United States and the Soviet Union. World politics have changed since then and -- as Elizabeth Lee reports -- so has the nature of space exploration.
Video

Video Chicago’s Argonne Lab Developing Battery of the Future

In 2012, the U.S. Department of Energy’s Office of Science awarded a $120 million grant to a new technology center focused on battery development - headquartered at Argonne National Laboratory in suburban Chicago, Illinois. As VOA’s Kane Farabaugh reports, there scientists are making the next technological breakthroughs in energy storage.
Video

Video In NW Pakistan, Army Offensive Causes Massive Number of Displaced

Pakistan’s army offensive in North Waziristan has resulted in the large-scale displacement of the local population. VOA's Ayaz Gul reports from northwest Pakistan where authorities say around 80 percent of the estimated 1 million internally displaced persons [IDPs] have settled in Bannu district, while much of the remaining 20 percent are scattered in nearby cities.
Video

Video Kurdish Peshmerga Force Secures Kirkuk, Its Oil

The Kurdistan regional government has sent its Peshmerga troops into the adjacent province of Kirkuk to drive out insurgents, and to secure the area's rich oil fields. By doing this, the regional government has added a fourth province to the three it officially controls. The oil also provides revenue that could make an independent Kurdistan economically strong. VOA’s Jeffrey Young went out with the Peshmerga and filed this report.
Video

Video Malaysia Reeling: Second Air Disaster in Four Months

Malaysia is reeling from the second air disaster in four months involving the country’s flag carrier. Flight 340 vanished in March and despite an extensive search, no debris has been found. And on Thursday, Flight 17, likely hit by a surface-to-air missile, came apart over eastern Ukraine. The two incidents together have left more than 500 people dead. VOA Correspondent Steve Herman reports from Kuala Lumpur.

AppleAndroid