Boehner: Obama should support fiscal cliff plan

UPDATED 15:08 PM EST, December 19, 2012

WASHINGTON (AP) — House Speaker John Boehner says President Barack Obama should support a Republican plan to avoid January tax increases on everyone but those earning over $1 million. Boehner says if Obama doesn't support the measure, the president will be responsible for what he calls "the largest tax increase in history."

Boehner spoke to reporters Wednesday at the Capitol after Obama said he believed a deal with the speaker was close to avoid the "fiscal cliff" — huge tax boosts and spending cuts taking effect in January unless lawmakers head them off.

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