House Speaker John Boehner (R-OH) says he was “flabbergasted” when President Barack Obama opened debt talks by offering the same public positions that he campaigned on.
According to details circulated by Republican aides last week, Treasury Secretary Tim Geithner’s offer included $1.6 trillion in taxes, $400 billion in entitlement spending cuts and $200 billion in new stimulus of payroll tax cuts and efforts to encourage homeowners to refinance. The White House also asked Republicans to raise the debt limit as part of a deal to avoid the so-called fiscal cliff.
“I was just flabbergasted,” Boehner told Fox News host Chris Wallace on Sunday. “I looked at him and said, ‘You can’t be serious.’ I’ve just never seen anything like it.”
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