Boehner ‘Not Confident’ of Deal to Avoid Spending Cuts

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House Speaker John Boehner said he was “not confident at all” that Congress would reach a deal on avoiding $1.2 trillion in spending cuts set to take effect in January.

Boehner said today the Democratic-led Senate and a lack of leadership by President Barack Obama were to blame for inaction on finding an alternative to the spending cuts to meet the deficit target and avoid the Dec. 31 expiration of George W. Bush-era tax cuts.