President John Boehner says his election victory shows U.S. backs his plan . Obama Speaker Barack Obama says all options on spending and revenue are open . Durbin , the No . 2 Democrat in the chamber , said such a timetable could work . While both sides signal a willingness to deal , differences on details remain . The nation faces tax hikes and steep spending cuts at the last two years .
President John Boehner says his election victory shows U.S. backs his plan . Obama Speaker Barack Obama says all options on spending and revenue are open . While both sides signal a willingness to deal , differences on details remain . The nation faces tax hikes and steep spending cuts at the last two years .