House Speaker John Boehner took a conciliatory approach following President Obama’s victory, reports the Boston Globe. The Speaker said that a deal with the President involving “some revenue increases” was on the table.
“Mr. President, this is your moment,” said Boehner during a Wednesday press conference on Capitol Hill. “We want you to lead.”
Boehner said that House Republicans are willing to work with the newly reelected President to cut spending and craft a balanced budget approach. The Speaker also stated that he will support a cleaner tax code with fewer loopholes. He suggested Congress would use the lame-duck session to start the process.
“We can’t solve the problem of our fiscal imbalance overnight … this is going to take time,” he said.
For more, read the Boston Globe.