President Barack Obama says his election victory shows America backs his plan . House Speaker John Boehner says all negotiations on spending and revenue are open . While both sides signal a willingness to deal , disagreements on details remain . ` Let 's extend middle class tax cuts right now . The nation expects tax hikes and steep spending cuts at the end of the year .
President Barack Obama says his election victory shows America backs his plan . House Speaker John Boehner says all negotiations on spending and revenue are open . While both sides signal a willingness to deal , disagreements on details remain . The nation expects tax hikes and steep spending cuts at the end of the year .