President Barack Obama is not making a new offer to leaders during a meeting Friday at the White House, multiple sources told Roll Call, and is sticking with his push for higher taxes on income above $250,000.
According to one source, the president believes that the proposal he outlined last week can pass both chambers. The proposal includes protecting everyone making $250,000 or less from seeing their taxes go up, extending unemployment insurance that will prevent 2 million from losing benefits, among other provisions.
Obama is going to ask if the Republicans have a counterproposal that can pass both chambers, and if not, he will ask for an up-or-down vote on his plan. The meeting broke up at about 4:15 p.m., after a little more than a hour. House Speaker John Boehner, R-Ohio and Minority Leader Nancy Pelosi, D-Calif., and Senate leaders Harry Reid, D-Nev., and Mitch McConnell, R-Ky., all left the White House without comment.
American flags decorate the hood of an antique Ford car in the 4th of July Parade in Ripley, W. Va., on July 4, 2014. The parade is billed as "the USA's largest small town Independence Day Celebration."