News Headline Summary

Over the weekend, US House speaker Boehner has proposed a tax-rate increase offer, but according to sources, the president was prepared to reject it

- The source said the White house sees the offer made on Friday by US House Speaker as a sign of progress, but simply believes it is not enough and there is much more to be worked out before Obama can reciprocate.

16 Dec 2012 - 17:13 - Bank Speaker - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: