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Boehner: No Deal Without Significant Spending Cuts

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When President Obama was reelected on November 6, he told America he wanted to a take a balanced approach to solving the fiscal cliff crisis but today, Speaker John Boehner implied the President hasn't exactly been living up to his word. During a press conference, Boehner announced there has been little progress in the past two weeks on the

"I'm disappointed where we are.... disappointed what's happened over the last two weeks," Boehner said.

The Speaker spoke with President Obama over the phone last night and met with Treasury Secretary Tim Geithner, who has been tapped by Obama...