Obama, Boehner Have Second White House Meeting

Fiscal cliff negotiations resume

President Barack Obama and House Speaker John Boehner resumed budget negotiations Monday as the pace of the fiscal cliff talks quickened in recent days with a Republican offer to increase income tax rates.

The White House session Monday was the second time that Obama and Boehner have met face-to-face in the past week — a move that suggests the once-stalled talks are progressing. The meeting ended just before noon and lasted about 45 minutes.