Speaker Boehner:

  • I made a good faith offer on the fiscal cliff
  • Republicans now need a return offer from Obama
  • Obama must submit a plan that can pass both chambers of Congress
  • Raising taxes would harm economy
  • Closing loopholes a better way to raise revenues than raising rates

Majority leader Cantor:

  • We want to sit down with the president
  • Nothing is going on in fiscal cliff talks