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Obama will be responsible for ‘largest tax increase in American history’

Wednesday, December 19, 2012

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House Speaker John A. Boehner said Wednesday that the House will pass his bill that would raise taxes on millionaires but extend tax cuts for everyone else, and said it’s then up to President Obama to either accept that plan or be responsible for a tax increase on everyone.

“The president will have a decision to make. He can call on the Senate Democrats to pass our bill, or he can be responsible for the largest tax increase in American history,” Mr. Boehner said as he briefly appeared before reporters to respond to Mr. Obama’s press conference earlier in the day.

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