Republican leader John Boehner said Sunday he was "flabbergasted" by Treasury secretary Tim Geithner plan to save the nation from the fiscal cliff, in the latest show of brinkmanship over a deal to avert the year end budget crises.
His statement came as Washington leaders took to the airwaves amid an escalation in the clash over how to avert the automatic triggering of massive spending cuts and the expiration of across-the-board tax cuts.
Geithner went on a media blitz Sunday to defend president Barack Obama's position over the fiscal cliff. With less than a month to go, Geithner said he could not promise Congress would find a solution. If the tax rates expire and cuts are imposed as they stand, the Congressional Budget Office calculates the US will be plunged back into recession and unemployment will spike to 9.1%.
Read more: http://www.guardian.co.uk/world/2012/dec/02/boehner-flabbergasted-geithner-fiscal-cliff
His statement came as Washington leaders took to the airwaves amid an escalation in the clash over how to avert the automatic triggering of massive spending cuts and the expiration of across-the-board tax cuts.
Geithner went on a media blitz Sunday to defend president Barack Obama's position over the fiscal cliff. With less than a month to go, Geithner said he could not promise Congress would find a solution. If the tax rates expire and cuts are imposed as they stand, the Congressional Budget Office calculates the US will be plunged back into recession and unemployment will spike to 9.1%.
Read more: http://www.guardian.co.uk/world/2012/dec/02/boehner-flabbergasted-geithner-fiscal-cliff
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