http://voices.washingtonpost.com/plum-line/2010/11/boehner_to_obama_no_substitute.htmlBoehner to Obama: Ongoing talks no substitute for extending all Bush tax cuts
By Greg Sargent
A senior Republican aide passes on some new details of today's big private meeting between Obama and the newly emboldened GOP leadership, and the crux of what happened appears to be that GOP leaders told the President and Dems that they see "no substitute" for extending all the Bush tax cuts.
Also: The President argued to GOP leaders that the best way to handle our fiscal challenges -- spending and the deficit -- was to break them down into three categories: Short-term, medium-term, and long-term. GOP leaders responded by insisting that these issues must be addressed "right away."
On the Bush tax cuts, Boehner agreed to a proposal from the President to create a working group to negotiate over the continuing standoff over how to proceed. Obama himself, addressing the press after the meeting, confirmed that he had appointed his Treasury Secretary, Tim Geithner, to oversee the discussions.
But the GOP aide says that in the meeting, Boehner made it clear to the President and Dems that he "believes this is no substitute for immediate action to cut spending and stop the coming tax hikes -- for all taxpayers."...