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Boehner to Obama: Support plan or be responsible for 'largest tax increase in American history'

Published: Wednesday, Dec. 19 2012 12:00 a.m. MST

Speaker of the House John Boehner, R-Ohio, arrives for a closed-door meeting with House Republicans as he negotiates with President Obama to avert the fiscal cliff, at the Capitol in Washington, Tuesday, Dec. 18, 2012.

Associated Press

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WASHINGTON — House Speaker John Boehner says President Barack Obama should support a Republican plan to avoid January tax increases on everyone but those earning over $1 million. Boehner says if Obama doesn't support the measure, the president will be responsible for what he calls "the largest tax increase in American history."

Boehner spoke to reporters Wednesday at the Capitol after Obama said he believed a deal with the speaker was close to avoid the "fiscal cliff" — huge tax boosts and spending cuts taking effect in January unless lawmakers head them off.

Obama and Boehner have yet to produce a compromise. Boehner plans a House vote Thursday on his Plan B — which would head off most of the tax increases. The White House says Obama would veto that measure.

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