1. Cliff Diving

    White House Rejects Boehner's 'Plan B'

    House Speaker John Boehner of Ohio gestures during a news conference on Capitol Hill in Washington, Thursday, Dec. 13, 2012, where he accused President Barack Obama of not being serious about cutting government spending. Boehner is insisting that Obama wants far more in tax increases than spending reductions and appears willing to walk the economy "right up to the fiscal cliff."   (AP Photo/J. Scott Applewhite)

    J. Scott Applewhite/AP

    So much for progress. House Speaker John Boehner said Tuesday that President Obama’s recent offer to avert the fiscal cliff is “not there yet.” Meanwhile, the White House rejected Boehner's "Plan B" to push a backup tax bill, saying that it woudln't pass the Senate. But Boehner is still hoping to reach a deal with the president. Boehner recently moved away from his tax increase aversion and offered to raise taxes on income over $1 million.

    Read it at Associated Press