
Obama, Boehner speak by phone on fiscal cliff
By By David Espo
Topics: From the Wires, Politics News
President Barack Obama walks with Treasury Secretary Timothy Geithner to the Oval Office at the White House in Washington, Wednesday, Dec. 5, 2012, as he returned from speaking about the fiscal cliff at Business Roundtable, an association of chief executive officers. (AP Photo/Charles Dharapak) (Credit: AP)WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner discussed the fiscal cliff Wednesday in a telephone call. It followed several days of political sparring over steps to prevent a year-end series of tax increases and spending cuts.
The call raises the possibility that negotiations will soon resume between the White House and congressional leaders.
Obama is demanding that Republicans agree to raise tax rates at upper incomes as part of a deal to rein in future deficits. GOP leaders say they will agree to higher revenue, but they want to close loopholes or reduce tax breaks rather than raise rates.
A spokesman for Boehner disclosed the call.
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The protests take on a festive element as police forces move out of the park and square. Wearing a gas mask, this young man dances to traditional Turkish music in front of Taksim Square’s Ataturk Monument.
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