Speaker: House won't back deal with tax hike
WASHINGTON
Talking to reporters shortly before a White House meeting,
Boehner said there is a way to increase revenues without
raising taxes. He embraced the idea of significant tax reform. But
he said it can't be done without serious changes to the major
benefit programs such as Social Security and Medicare.
He said Obama insists on raising taxes but the White House isn't
serious enough about reforming entitlement programs.
Obama and congressional leaders are laboring to complete a deal
to slash spending and raise the government's borrowing limit before
an Aug. 2 deadline.
