Obama said the uncertainty now spooking investors and employers will be shrunk if Congress extends — quickly — the tax cuts for all those except the most-well off.
The Senate has passed such a bill. The House showed no interest on Friday in Obama’s idea.
Obama and Republicans have tangled over the Bush tax cuts for years. The president gave in to Republican demands to extend the cuts across the board in 2010, but he ran for re-election on a pledge to allow the rates to increase on families making more than $250,000 a year.
Also lurking is the expiration of the nation’s debt limit in the coming weeks. The last fight on that nearly led the United States to default on its bills.
When asked if he would try to use that issue as leverage, Boehner said it must be addressed ‘‘sooner rather than later.’’
The national debt now stands above $16 trillion. The government borrowed about 31 cents of every dollar it spent in 2012.
Associated Press writers Andrew Taylor, Donna Cassata, Julie Pace, Matthew Daly, Jim Kuhnhenn and Ken Thomas contributed to this report.
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