Bachmann: Black People Were Better Off During Slavery?

WASHINGTON -- House Speaker John Boehner is rejecting President Obama's offer to make historic cuts to the federal government and the social safety net, saying in a statement Saturday evening that he can not agree to the tax increases Democrats insisted on as part of the bargain.

Boehner made his decision after speaking with the president by phone on Saturday afternoon, a day ahead of a major White House meeting with Democratic and GOP leadership, a Republican source familiar with situation said.