Republican House Speaker John Boehner rejected President Obama's opening proposal for a deficit reduction deal to avoid the fiscal cliff — economy-busting tax hikes and spending cuts scheduled to hit starting Jan. 1. The plan, presented to Boehner by Treasury Secretary Tim Geithner on Thursday, was heavy in Democratic priorities, with $1.6 trillion in tax increases over 10 years and $50 billion in immediate stimulus spending. Obama committed to cutting $400 billion from Medicare and other social programs, but left the details to be worked out later. Boehner said Democrats hadn't gotten "serious about real spending cuts." The White House said the GOP's refusal to hike tax rates on the wealthiest 2 percent of Americans was hindering a deal.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- After Ferguson: Stop deferring to the cops
- Ferguson riots were terrible — but this racist reaction was worse
- 43 TV shows to watch in 2014
- The hilarious hypocrisy of Republicans complaining about the imperial presidency
- Don't argue about politics this Thanksgiving. Just don't.
- Is it now OK to have sex with animals?
- In Ferguson, Michael Brown lost his life — and America's police lost the benefit of the doubt
- The slippery slope of Twitter's attempts to stop harassment against women
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Hey, scolds: Stop telling us to enjoy a healthy Thanksgiving
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