Boehner did not shut down the idea that talks will continue between himself and the president and demurred when asked if further conversations are scheduled, but he noted that ideas have been passed back and forth.
While Republicans summarily rejected Thursday’s offer by Geithner, at the campaign-style rally in Pennsylvania on Friday the president showed no signs of giving way.
“In Washington, nothing’s easy, so there is going to be some prolonged negotiations, and all of us are going to have to get out of our comfort zones to make that happen,” he said. “I’m willing to do that. I’m hopeful that enough members of Congress in both parties are willing to do that as well.”
Hoyer said Democrats’ negotiating strategy is based on scars from previous battles in which both parties negotiated over spending cuts only to see Republicans walk out on the talks when the discussion turned to increasing taxes.
“What the Republicans want is, they want give on their stuff first. There’s no give on taxes, revenues, none,” he said.
Hoyer described the GOP strategy as “’Lets bargain. How about cutting this?’ ‘OK.’ ‘How about cutting this?’ ‘OK.’ ‘How about cutting this?’ ‘OK.’ And then you say to me, ‘Well, now, how about we raise revenues here?’ ‘We’re not going to talk about that. We’re going to walk out of the room.’ That’s what [House Majority Leader Eric Cantor, R-Va.] did. That’s essentially what Boehner did.”
While Boehner has offered to increase revenues by cutting tax deductions and loopholes, Hoyer said such ideas wouldn’t bring in sufficient revenue to the scale of federal deficits. If such a plan could work, Hoyer said, Republicans should demonstrate a detailed version of one to prove it.
“The Republicans need to come back with something where the math works,” Hoyer said.
Hoyer also endorsed the president’s plan on legislatively ending the need to raise the debt ceiling. “It’s a phony vote. It’s a charade,” Hoyer said, adding that both parties had abused debt ceiling increases for partisan purposes.
From left, Lisa Peng, daughter of Peng Ming, Grace Ge Geng, daughter of Gao Zhisheng, and Ti-Anna Wang, daughter of Wang Bingzhang, hold pictures of their imprisoned fathers during a House Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations hearing in the Rayburn House Office Building titled “Their Daughters Appeal to Beijing: ‘Let Our Fathers Go!’”
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.