Boehner says no new taxes after sequester meeting in White House

Speaker John Boehner (R-Ohio) said Republicans will not agree to any new tax hikes to replace the sequester after a White House meeting on Friday.

Boehner said the House next week will move a resolution to keep the government funded through Sept. 30, but will not agree to any new tax increases that President Obama insists should be part of a package to replace the $85 billion in automatic spending cuts that begin hitting the government Friday.

"The discussion about revenue in my view is over. It's about taking on the spending problem in Washington," Boehner said in brief remarks at the White House after the meeting with Obama, Vice President Biden, Senate Majority Leader Harry Reid (D-Nev.), Senate Minority Leader Mitch McConnell (R-Ky.) and House Minority Leader Nancy Pelosi (D-Calif.).

"I did lay out that the House is going to move a continuing resolution next week funding the government past March 27, and I'm hopeful that we won't have to deal with the threat of a government shutdown while we're dealing with the sequester at the same time," Boehner said. "The House will act next week and I'm hopeful the Senate will follow suit."

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