House Speaker John Boehner (R-Ohio) warned members of his caucus on Wednesday not to make holiday plans because talks on the impending fiscal cliff have hit a standstill. Further dampening GOP spirits, House Majority Leader Eric Cantor (R-Va.) added, "We're going to stay here right up until Christmas Eve, throughout the time and period before the New Year, because we want to make sure that we resolve this in an acceptable way for the American people." The comments came a day after Boehner and President Obama exchanged new offers to avoid coming tax hikes and spending cuts, with Obama lowering the amount of revenue he wants to collect from $1.6 trillion to $1.4 trillion. The GOP refuses to detail what their new offer entails.
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