Hoyer: White House Plan a Start, Not the End
The White House proposal to avert the fiscal cliff is not a take-it or leave-it deal, as House Democratic Whip Steny Hoyer sees it.
The proposal, which House Speaker John Boehner has panned as "not serious" and has caused everything from frustration to laughter from Republicans, would generate $1.6 trillion in new tax revenues and give on $400 billion in delayed spending cuts.
Hoyer said Friday that the proposal was a starting point. He characterized it as the White House making the first move and laying down specifics.
“I don’t think it’s an ending point. This is a democratic process. They have views and we’re going to have to accommodate their views, and hopefully they’re going to accommodate our views," Hoyer said.