Obama: Republicans blocking middle-class tax cuts

Published on NewsOK Modified: December 8, 2012 at 5:08 am •  Published: December 8, 2012
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Obama's comments came as House Speaker John Boehner said Friday there has been no progress in negotiations to avert the "fiscal cliff," a combination of automatic tax increases and spending cuts set to take effect in January.

Boehner said the White House has wasted another week and has failed to respond to a GOP offer to raise tax revenues and cut spending. Obama and Boehner spoke privately by phone on Wednesday. Boehner described the conversation as pleasant, "but just more of the same."

Obama said in his address that he stands ready to work with Republicans on a plan that spurs economic growth, creates jobs and reduces the national deficit. He said he wants to find ways to bring down health care costs without hurting seniors and is willing to make more cuts in entitlement programs such as Medicare.

Florida Sen. Marco Rubio said in the Republican response Saturday that tax increases will not solve the nation's $16 trillion debt. Only economic growth and reform of entitlement programs will help control the debt, Rubio said.

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Online:

Obama address: www.whitehouse.gov

GOP address: www.youtube.com/gopweeklyaddress

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Reach Matthew Daly on Twitter: https://twitter.com/MatthewDalyWDC