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.

Print 22:14, 16 Dec 2012 - Asian News - Source: Newswires