"As long as it's accompanied by significant spending cuts" [View all]

[YoungDemCA]

Boehner, who presented his framework for a broad tax-and-spending overhaul to be undertaken in 2013, also sounded an optimistic note.

"To show our seriousness, we've put revenue on the table, as long as it's accompanied by significant spending cuts," Boehner said. "It's going to be incumbent on my colleagues to show the American people we're serious."

The first part of such a deal would be legislation this year that would commit Congress to specific revenue increases, favored by Democrats, and spending cuts, as advocated by Republicans. How those increases and cuts would be achieved would be worked out in the second stage next year by the new Congress.

Not addressed was how to resolve the standoff over this year's expiring tax rates. Resolving the tax breaks for wealthier Americans remains, in many ways, the linchpin to a deal.

http://www.latimes.com/news/nationworld/nation/la-na-fiscal-cliff-20121117,0,19628.story

Gee, I wonder which "significant spending cuts" that Boehner has in mind?