Boehner says debt limit should be part of talks
ASSOCIATED PRESS November 9, 2012 10:46AM
Speaker of the House John Boehner, R-Ohio, talks about the elections and the unfinished business of Congress, at the Capitol in Washington, Wednesday, Nov. 7, 2012. The first post-election test of wills could start next week when Congress returns from its election recess to deal with unfinished business including a looming "fiscal cliff" of $400 billion in higher taxes and $100 billion in automatic cuts in military and domestic spending to take effect in January if Congress doesn't head them off. Economists warn that the combination could plunge the nation back into a recession. (AP Photo/J. Scott Applewhite)
Updated: November 9, 2012 1:10PM
WASHINGTON — House Speaker John Boehner says any deal to avert the so-called fiscal cliff should include lower tax rates, eliminating special interest loopholes and revising the tax code.
Speaking to reporters Friday, the Ohio Republican insisted that changing the tax code and making it more efficient would lead to greater revenue for the government.
Boehner said he had a brief conversation with President Barack Obama earlier this week as the chief executive and congressional leaders negotiate a way to avoid a fiscal cliff that economists say would plunge the nation into another recession.
Boehner also indicated that raising the debt limit that the government will reach sometime in the spring should be part of any negotiations.