FINANCIAL TIMES: …Mr Boehner repeatedly rejected the White House’s call for some tax increases to end the impasse and questioned whether some of Barack Obama’s most dire warnings about the impact of sequestration – cuts totalling $1.2tn over 10 years – had been exaggerated.
But even as the Republican indicated he was not interested in further negotiations on sequestration alone, the president was trying to circumvent the leader by calling other Republican lawmakers and Democrats this weekend to work on a compromise…
For now, however, the White House and Republican leaders seem to see eye-to-eye on just one issue: the importance of reaching a separate agreement to fund the government through the remainder of this fiscal year and avoid a politically-messy shutdown… (more)
