The Daily Banter Headline Grab. From ABC News:
Raising tax rates is “unacceptable” to House Speaker John Boehner as he prepares to open negotiations on the looming “fiscal cliff” with the president and congressional Democrats, he told “World News” anchor Diane Sawyer today in an exclusive interview.
“Raising tax rates is unacceptable,” Boehner, R-Ohio, said in his first broadcast interview since the election Tuesday.
“Frankly, it couldn’t even pass the House. I’m not sure it could pass the Senate.”
That stance could set up a real showdown with the White House given that the president has said he would veto any deal that does not allow tax cuts for the rich to expire. But the speaker said that Republicans would put new tax revenue on the table as leaders work toward a deal.