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'Largest tax increase in American history'

(THE HILL) Speaker John Boehner (R-Ohio) held a minute-long press conference on Wednesday, urging President Obama’s to support his “Plan B” legislation that would extend tax rates for those making less than $1,000,000 per year.

Boehner’s remarks during a noticeably short appearance came shortly after Obamasaid at a press conference that Republicans should take his most recent deficit-reduction offer. Boehner said that offer “fails to meet the test that president promised the people: a balanced approach.”

“And I hope the president will get serious soon about providing and working with us on a balanced approach,” Boehner said.