Obama Misrepresents Boehner's Position On Tax Reform

In today’s speech unveiling his new tax increase, President Obama said Speaker of the House John Boehner had ruled out “any additional revenues whatsoever.” Yet Mr. Boehner specifically said he was in favor of closing tax loopholes in conjunction with fundamental reform of the tax code, which would result in increased revenues. He is against increasing taxes, but not increasing revenues. They are not the same thing.