Tagged: John Boehner

Transcript

SCOTT SIMON, HOST:

As we've just heard, this breakdown in negotiations within the Republican Party is troubling for Speaker Boehner. It also stifles negotiations to avert the combination of deep spending cuts and tax increases. That will come without a bipartisan agreement.

We're joined by Norm Ornstein, an experienced observer of Congress and politics. He's resident scholar at the American Enterprise Institute. Thanks for being with us.

NORM ORNSTEIN: Oh, it's always a pleasure, Scott.

In a news conference Friday, President Obama said there were still things the parties could agree on about the automatic tax-rate increases and spending cuts at the end of the year. But he said parties would have to work together to get a plan approved in the next 10 days.

"Call me a hopeless optimist, but I actually still think we can get it done," he said, after meeting with Senate Democratic leader Harry Reid and speaking to Republican House Speaker John Boehner.

In 10 days, virtually all Americans will be hit with a tax increase and deep government spending cuts will follow shortly behind. That is, unless Congress and President Obama can find a way to avert the "fiscal cliff."

It's not looking very promising at the moment. On Thursday night, House Speaker John Boehner, R-Ohio, pulled the plug on a measure he was calling his "Plan B" and sent his members home for Christmas.