WASHINGTON, Dec 18 (Reuters) - With time running short
before a Dec. 31 deadline, House of Representatives Speaker John
Boehner will begin work on legislation that simply would extend
current low income tax rates for all families with incomes below
$1 million a year, according to an aide.
Negotiations will continue with the White House on a broader
tax and spending deal, the aide said.
Boehner is presenting the plan to rank-and-file Republicans
in a closed-door session.

