Talking Points

Published November 10, 2012 5:00am ET



Did House Speaker John Boehner agree to raise taxes?

The Republican leader said he was open to considering new tax revenues as part of a broader negotiation to reduce the federal budget, which was widely interpreted to mean he’d give in to Democratic demands for a tax hike. But Boehner said the new revenue would have to be raised by closing tax loopholes, not by raising tax rates as Democrats propose. “Raising tax rates is unacceptable,” he told ABC News.

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