In response to:

Boehner: This is a Stalemate

T172 Wrote: Nov 30, 2012 3:30 PM
Not the money supply, but they have such an influence on it your home would drop in value, your 401k or any pension would almost evaporate, and any savings would take a massive hit. Money supply was the wrong word, and believe me I'm no big fan of the federal reserve.

In response to President Obama's new $1.6 trillion tax hike proposal, Speaker John Boehner said today fiscal cliff talks have reached a "stalemate."

"There is a stalemate," Boehner said. "I'm rather determined to solve our debt problem."

When asked about GOP solutions to the looming crisis, Boehner pointed to the work the House has done in the past two years for solutions.

"You can look at our budget in the past two years and there are plenty of specific proposals," he said, adding that significant and real spending cuts must be on the table in...