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Transcripts For FBC The Willis Report 20121213

A meeting called by the white house. A little bit strange since earlier today. Speaker boehner left the capital and the white house said the ball was in Speaker Boehner square. Rich edson is on the white house with the latest. Were they talking about . This on a day when president obama said i have cut 1 trillion already in spending. That was part of last summers budget deal. But he says that i am willing to do a lot more cuts in spending. You have a willingness to do spending cuts, a willingness from john boehner to raise revenues. However, we have been stuck on the details of this thing for the past two weeks here. The past three weeks or longer. The white house is putting an offer on the table. They were far apart in spending cuts. Our part in revenues and the way they do increase tax revenues. Republicans say no to any tax rate increase. How Speaker John Boehner says they will do it by limiting deductions next year. What the white house wants is an Immediate Tax rate increase on fa

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