AOL.com Video - No Progress Made In Avoiding Fiscal Cliff

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No Progress Made In Avoiding Fiscal Cliff

Description:House Speaker John Boehner said Friday there has been no progress in negotiations to avert a "fiscal cliff" combination of automatic tax increases and spending cuts in January and called on President Obama to produce a new offer. Four days after House Republicans offered a plan to raise tax revenues and cut spending, Boehner told reporters that the White House has failed to outline its proposal and instead has pushed the nation closer to a fiscal cliff. (1:34)

Source: PIX11

Tags: American economy , democrats and republicans cant rech agreement over , u.s. fiscal cliff , us economic crisis