(bloomberg) House Speaker John Boehner said budget talks are at a “stalemate” and that the Obama administration’s tax-and-spending offer yesterday wasn’t a “serious” proposal. “Right now we’re almost nowhere,” Boehner, an Ohio Republican, told reporters in Washington.
Boehner said Obama’s proposal to let tax rates increase for top earners would boost taxes on some small businesses. “Raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong,” Boehner said. “It’s only going to make it harder for our economy to grow.”