Republicans say they will not back down [View all]

[cali]

Congressional leaders took a hard line on taxes ahead of a meeting Friday at the White House, with rank-and-file Republicans expressing opposition to a “fiscal cliff” deal that would bring in more revenue to the government.

House Speaker John Boehner (R-Ohio) has said Republicans could accept new revenues, but not tax-rate hikes, as part of a broad deficit deal, but President Obama and Sen. Charles Schumer (D-N.Y.) said it was unlikely that eliminating loopholes and capping deductions could raise enough revenue to gain their support.

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Earlier in the day, Rep. Steve King (R-Iowa) speculated that Obama was merely engaging in a “charade” that would end with him blaming Republicans for taking the country over the fiscal cliff.


“That looks to me like that might be his goal,” King said. “In the end, the president has a very strong hand. If he holds the line and vetoes everything and does nothing, he gets almost everything he wants.

http://thehill.com/homenews/house/268119-gop-says-it-will-not-back-down