Fiscal Cliff

Boehner, Obama Hold ‘Frank’ Meeting

This is starting to get old. President Obama invited House Speaker John Boehner to the White House on Thursday to discuss the looming fiscal cliff, but failed to come to an agreement. The two met for 50 minutes in what aides described as a “frank” meeting, which Treasury Secretary Timothy Geithner also attended. White House spokesman Jay Carney said, “What we have not seen from the Republicans is any movement at all on the fundamental issue. Republicans need to accept the fact that the rates will go up on the top 2 percent.” Earlier on Thursday, Boehner had criticized Obama for putting economic recovery at risk by insisting on tax increases on the top 2 percent.