News Summary: Obama, Boehner clash in fiscal talks

Published on NewsOK Modified: December 19, 2012 at 8:02 pm •  Published: December 19, 2012

TRADING BARBS: President Barack Obama and House Speaker John Boehner swapped barbed political charges on Wednesday yet carefully left room for further negotiations on an elusive deal to avoid year-end tax increases and spending cuts that threaten the national economy.

RELATIVELY CLOSE: On paper, the two sides are relatively close to an agreement on major issues, each having offered concessions in an intensive round of talks that began late last week.

POLITICS A HURDLE: But political considerations are substantial, particularly for Republicans.