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House Speaker John Boehner (R-OH) makes remarks on Capitol Hill on November 7, 2012 in Washington, DC. Boehner discussed the looming fiscal cliff and called on President Obama to work with House Republicans.
Last night, President Obama doubled down on his insistence that any proposal must include an agreement to raise tax rates on the wealthiest Americans. He rejected a proposal put forth by the Republican House Speaker John Boehner, that would have raised $800 billion in revenue by closing tax loopholes and scrapping some deductions.
But while the plan didn't go far enough for President Obama, it did raise the ire of some conservatives who accused Speaker Boehner of selling them out.
For more on this we turn to Billy House, Congressional reporter for National Journal.