“House Speaker John Boehner offered a “framework” including new revenue to reduce the U.S. budget deficit during talks with President Barack Obama and Congress leaders on averting a year-end fiscal crisis.
Boehner joined White House Press Secretary Jay Carney in describing today’s meeting, the first in a series, as “constructive.” The session featured the same actors, including House Minority Leader Nancy Pelosi and Senate Majority Leader Harry Reid, both Democrats, who failed to reach a $4 trillion debt compromise in mid-2011.
Democrats and Republicans agreed the meeting was more symbolic than substantive. It was “a photo op for the president, so be it,” said Georgia Republican Tom Price.
“I wouldn’t expect a lot of movement,” Peter Orszag, Obama’s former director of the Office of Management and Budget, said today on Bloomberg Television. “That’ll come after Thanksgiving.” ”
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