News Headline Summary

US House Speaker Boehner says still hopes to reach agreement with Obama

- GOP plan will increase tax on incomes of over USD 1mln.
- 'Backup plan' needed to prevent tax increases.
- Obama's latest offer isn't balanced.
- Bill on preventing tax increases like to on the house floor this week.
- Decision on raising Medicare age can wait next year.

Print 15:18, 18 Dec 2012 - Economic commentary - Source: Newswires