Obama Rejects Boehner’s Backup Budget Plan, Carney Says

President Barack Obama is rejecting an alternative budget plan proposed by House Speaker John Boehner, White House spokesman Jay Carney said in a statement.

Boehner’s plan “can’t pass the Senate and therefore will not protect middle class families, and does little to address our fiscal challenges with zero spending cuts.”

The “parameters of a deal are clear,” Carney said, and Obama is willing to continue working with Boehner to avoid the automatic tax increases and spending cuts due to start next month.

To contact the reporter on this story: Roger Runningen in Washington at rrunningen@bloomberg.net

To contact the editor responsible for this story: Steven Komarow at skomarow1@bloomberg.net

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