UPDATE: Boehner: No decision on accepting 'cliff' pact - WOWK 13 Charleston, Huntington WV News, Weather, Sports

UPDATE: Boehner: No decision on accepting 'cliff' pact

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UPDATE

WASHINGTON (AP) - House Speaker John Boehner (BAY'-nur) and his leadership team say they need to review a Senate pact that would increase taxes on incomes exceeding $400,000 before deciding to schedule a vote on the measure or try to change it.

In a joint statement late Monday, House GOP leaders promised to keep their commitment to act on the measure if it passes the Senate. But they say they won't decide whether to accept the measure or to amend it and send it back to the Senate until lawmakers and their constituents have a chance to review the legislation.

Democrats would likely oppose any effort to amend the measure to make it more to GOP liking. That would likely make it almost impossible for Republicans to quickly rewrite the measure.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


ORIGINAL

WASHINGTON (AP) - A Democratic aide says the White House and congressional Republicans have reached an agreement to avert the so-called fiscal cliff.

The measure would extend Bush-era tax cuts for family incomes below $450,000 and briefly avert across-the-board spending cuts set to strike the Pentagon and domestic agencies this week.

Vice President Joe Biden was set to sell the agreement to Senate Democrats at a meeting at the Capitol on Monday night.

The aide required anonymity because he wasn't authorized to speak publicly.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)