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The Boston Globe

Nation

Movement seen in fiscal cliff talks

WASHINGTON (AP) — President Barack Obama and House Speaker John Boehner met at the White House on Monday in hopes of continuing to make progress on a plan to deal with the ‘‘fiscal cliff.’’

The meeting came after Boehner on Friday offered $1 trillion in higher tax revenue over 10 years and an increase in the top tax rate on people making more than $1 million a year. The House speaker is also offering a large enough extension in the government’s borrowing cap to fund the government for one year before the issue must be revisited — conditioned on President Barack Obama’s agreeing to the $1 trillion in cuts.

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