White House threatens veto of GOP budget plan

Speaker of the House John Boehner, R-Ohio, joined by Rep. Cathy McMorris Rodgers, left, and House Majority Leader Eric Cantor, R-Va., right, as they finish a news conference about the fiscal cliff negotiations after a closed-door GOP strategy session, at the Capitol in Washington, Tuesday, Dec. 18, 2012. (AP Photo/J. Scott Applewhite)WASHINGTON (AP) — The White House threatened Wednesday to veto House Speaker John Boehner's backup plan for averting the "fiscal cliff," saying it was time for Republicans to stop political posturing and continue trying to reach a compromise deficit-cutting package.




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