Political Headlines November 7, 2012: John Boehner Welcomes Big Deficit Deal, Pledges to Work with President Barack Obama

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

John Boehner Welcomes Big Deficit Deal, Pledges to Work with President Obama

Source: ABC News Radio, 11-7-12

Chris Maddaloni/CQ Roll Call

A day after holding onto his speakership and the House Republican majority, John Boehner signaled openness Wednesday to the inclusion of new tax revenue in a legislative package to address the so-called “fiscal cliff” as long as proceeds are linked to entitlement reform and spending cuts.

But the speaker also indicated that he still prefers to wait until the next session of Congress to enact an all-encompassing solution.

“If there is a mandate in yesterday’s results, it is a mandate for us to find a way to work together on solutions to the challenges we face together as a nation,” said Boehner, R-Ohio. “We can’t keep setting the bar that low. It’s time we raised the bar.”…READ MORE

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