Published December 02, 2012, 10:11 PM
WASHINGTON (AP) — President Barack Obama is ready to entertain Republican proposals for spending cuts, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the looming “fiscal cliff,” Treasury Secretary Timothy Geithner said.
Fiscal Cliff talks progress
Geithner invites GOP counterofferWASHINGTON (AP) — President Barack Obama is ready to entertain Republican proposals for spending cuts, but GOP lawmakers must first commit to higher tax rates on the rich and specify what additional spending cuts they want in a deal to avoid the looming “fiscal cliff,” Treasury Secretary Timothy Geithner said.
By: Associated Press, Worthington Daily Globe
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