Obama and Boehner Meet Again, Seek End to Fiscal Cliff Stalemate
(WASHINGTON) -- President Obama and House Speaker John Boehner met again at the White House Monday to continue their discussion about avoiding the so-called fiscal cliff.
The meeting lasted approximately 45 minutes, the White House said. Upon returning to the Capitol, Boehner kept quiet as he made his way through a small scrum of reporters, ignoring all questions.
Monday's meeting follows Boehner's latest offer to the president, in which he agreed to raise taxes on the wealthy -- but only on incomes over $1 million, matched by cuts in future spending on Medicare and Social Security.
President Obama has proposed raising taxes on households with earnings in excess of $250,000.
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