In response to:

Report: Boehner Proposes Tax Rate Hike on Millionaires, White House Rejects (UPDATE: Or Not?)

djaymick Wrote: Dec 17, 2012 12:15 PM
My question is that if we take the debt ceiling off the table for a year, how much does it need to increase. Since we haven't seen a budget in three years, no one can rightfully pick a correct number. So, Obama will demand another $2T increase and then use it to his advantage when he hits the ceiling again.
Whatadifference Wrote: Dec 17, 2012 12:18 PM
not seeing a budget in the last 3 years is the real problem. I don't care how the Repubs AND the Dems spin it, they haven't done their job period.

We had the AP's write-up of this story on the homepage yesterday, but I think it's worth a second look.  Politico initially broke the news, so let's consult the original source:

Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks. It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking...