Detailed text transcripts for TV channel - FOXNEWS - 20121218:10:10:00
Boehner met with the president on monday. the two discussed what they can do to avoid the fiscal cliff. mr. fwhier p by another put th before the president. in a counteroffer the president proposed to raise taxes on those making 400,000 a year. >> in order to achieve a broad deficit reduction package that puts our economy on a sustainable fiscal path in the future a certain level of revenue cleaned from the wealthy has to be met. the only way to do that was through -- in part rates rising. >> a rough outline of the deal calls for 1 trillion in cuts, one trillion in revenue, immediate down paym...
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