WH: Boehner Balked Over Taxes

The Hill reports:

Boehner "couldn't do revenues from wealthiest Americans," a White House official said.

House Speaker John Boehner (R-Ohio) all but extinguished hopes for a big deficit reduction deal because he refused to support any tax increases for the wealthiest Americans, a senior administration official said Saturday night.

The White House official also disputed the charge that President Obama was not willing to give ground on entitlement programs, saying that is "not true."

"[Boehner] couldn't do revenues from wealthiest Americans, he walked away over that," the official said. "They are telling people we couldn't do entitlements, not true."