Boehner: Obama Plan Doesn't Tackle Long-Term Problems

Politics Reuters

House of Representatives Speaker John Boehner Monday rejected President Barack Obama's $3 trillion plan to cut U.S. deficits, saying it would fail to tackle long-term problems and would raise taxes.

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In a statement, Boehner, the top Republican in Congress, said Obama ``has not made a serious contribution'' to the effort by a special bipartisan congressional committee that has been asked to make recommendations to reduce the deficit by $1.2 trillion over 10 years.

Boehner said the Democratic president's proposal fails to tackle the financial problems facing federal health and retirement programs and insists on raising taxes.

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