Boehner: Republicans 'willing to accept new revenue' to avoid fiscal cliff
Both parties must come together to avert the fiscal cliff, a combination of across-the-board federal discretionary spending cuts and tax increases due to be implemented in January 2013 as required by the Budget Control Act, said House Speaker John Boehner (R-Ohio) in a Nov. 7 statement.
"If there is a mandate in yesterday's results, it is a mandate for us to find a way to work together," said Boehner.
"We're willing to accept new revenue, under the right conditions. What matters is where the increased revenue comes from, and what type of reform comes with it," said Boehner.
Republicans are willing to accept new revenue "if it comes from growth and reform," he added.
Central to Boehner's tax reform strategy is a "fairer, simpler, cleaner tax code" that he said would close special interest loopholes and deductions.
Ideally, tax reform would mirror tax code changes made in 1986 under a Democratic House and Republican president, he said.
In exchange for Republicans' willingness to increase revenue, the president should balance the approach with cuts, said Boehner.
"The president must be willing to reduce spending and shore up the entitlement programs that are the primary drivers of our debt," he said.
Boehner urged cooperation between Democrats and Republicans, saying while short-term, temporary policies could get legislators "out of town" faster, they won't fix any of the nation's problems. After years of putting off major fiscal decisions, they must send the message that "2013 is going to be different," he said.
- watch an embedded video of Boehner's statement
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