(Reuters) - President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.The shape and details of Boehner's offer were uncertain Saturday night, as was the exact reason the president was prepared to reject it.
The source said Obama sees the offer made on Friday by U.S. House Speaker John Boehner as a sign of progress, but simply believes it is not enough and there is much more to be worked out before Obama can reciprocate.
White House won't accept new tax offer from Republican leader | Reuters
This crap out of the Obama lying White House is such Bull **** it is inexcusable. Obama tells you that it is Boehner and repubs holding up the talks because they won't give in to demo demands, yet when repubs do indeed cave, and ask that entitlement reform be tied to the plan Obama balks....
We are negotiating with ourselves people. Obama has NO sign that he is willing to negotiate in good faith at all, it is his way or the highway....I say pass a tax cut on the three bottom tax tiers, and keep the top two the same, pass it in the house, dump it on Reid's desk, and go home.