White House press secretary Jay Carney said Tuesday that he would not characterize letting the Bush tax cuts expire for those making more than $400,000 as a "broken promise" from President Obama.
He was referring to pledge Obama made during the campaign to raise rates for households making more than $250,000.
Raising that figure to households making more than $400,000 is one of the options Obama and House Republicans are considering as part of a deal to avert the "fiscal cliff."
"The president is demonstrating his belief that a balanced, large deficit reduction package is a worthwhile goal and has shown evident willingness to meet the Republicans halfway," Carney said. "The path to a deal is clear, and the president hopes the Republicans meet him on that path."