White House Draws Line in Sand for Boehner in Fiscal Cliff Talks

President Obama and his White House team appear to have drawn a line in the sand in talks with House Republicans on the "fiscal cliff." Tax rates on the wealthy are going up, the only question is how much? "Those rates are going to have to go up," Treasury Secretary Tim Geithner flatly stated on ABC's "This Week." "There's no responsible way we can govern this country at a time of enormous threat, and risk, and challenge ... with those low rates in place for future generations." But the...Full Story
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