House Speaker John Boehner Tuesday addressed the House of Representatives with an update on fiscal cliff talks, but signaled no new progress.
The Ohio Republican's comments were his first public remarks since meeting with President Barack Obama Sunday.
"It was a nice meeting. It was cordial," Boehner told colleagues. But, he added, "we’re still waiting for
the White House to identify what spending cuts the president is willing to make..."
Republicans have accused the White House of proceeding slowly, hoping that as the cliff deadline nears, more Republicans will be willing to agree to higher taxes and fewer cuts.
"The longer the White House slow walks this process, the closer our economy gets to the fiscal cliff," Boehner warned.
He criticized the administration's offer last week, saying its hopes for more economic stimulus would make the debt problem worse.
"Even if we did what the president wants we’d see red ink as far as the eye can see," Boehner said.
He pleaded for specific spending cuts--but also added he's an optimist, and said, "I’m hopeful we can
reach an agreement."
Soon after Boehner spoke, House Democratic Leader Nancy Pelosi, D-Calif., offered a rebuttal, arguing Democrats have supported large spending cuts.
She did praise Boehner, though, for at least raising the issue on the House floor.