House Speaker John Boehner, R-Ohio, has designated the bill number H.R. 1 for tax code reform. By reserving this position, the speaker is signaling he intends to make tax reform his highest legislative priority.
Should Rep. Paul Ryan, R-Wis., become House speaker, he would be in a position to guide financial-services legislation. Ryan is more conservative than outgoing Speaker John Boehner, R-Ohio, though he has been relatively noncommittal thus far on financial issues.
Conservative GOP lawmakers and activists are pressuring House Speaker John Boehner, R-Ohio, to threaten a government shutdown in a bid to pull the rug out from under President Barack Obama's health care reforms. Tax campaigner Grover Norquist, RedState editor Erick Erickson and several conservative congressmen called on Boehner to issue an ultimatum to Obama -- a strategy that Democrats say would hurt both the economy and Republicans' electoral chances.
House Speaker John Boehner, R-Ohio, is standing by his call for spending cuts, but no tax hikes, as a sequester solution. However, the White House is faulting him for what it calls a "list of demands" before sequestration takes place. The White House is referring to options Republicans previously floated as an alternative to the across-the-board cuts. Neither side has put forward a detailed plan this year that would halt the sequestration, due to hit March 1.
Any move to raise the eligibility age for Medicare can be delayed until Congress tackles more far-reaching tax and entitlement reforms in 2013, House Speaker John Boehner, R-Ohio, says. "It's an issue for discussion, but I don't believe it's an issue that has to be dealt with between now and the end of the year," Boehner says.
President Barack Obama and House Speaker John Boehner, R-Ohio, might find it easier to cement a fiscal deal in early January, once automatic spending cuts and tax increases have kicked in. Successfully raising taxes on wealthy Americans would give Obama more room to compromise on entitlement reform, which in turn would make it easier for Boehner to win GOP backing for a deal.