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Boehner Now Willing To Consider Higher Taxes for Fiscal Cliff Deal

House Speaker John Boehner offered Wednesday to pursue a deal with a victorious President Barack Obama that will include higher taxes "under the right conditions" to help reduce the nation's staggering debt and put its finances in order.

"Mr. President, this is your moment," Boehner told reporters, speaking about the "fiscal cliff" that will hit in January. "We want you to lead."

Boehner said House Republicans are asking Obama "to make good on a balanced approach" that would including spending cuts and address government social benefit programs.

Source: CNBC. Read full article. (link)

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