“I sat for months with the president. He wanted revenue,” said Boehner. “I said,’Mr. President, I’ll put revenue on the table that we can achieve out of fixing our tax code. But the only way I’ll do it is if you’re willing to have real, fundamental reform of our entitlement programs.’ And the fact is we have an agreement,” the Speaker said.

“And then two days later, the president decided he wanted $400 billion of more revenue, which was, in effect, a $400 billion tax increase.

“He lost his courage,” Boehner said.

He added that he was “not optimistic” about reaching a new agreement with the president. “The president checked out last Labor Day. All he’s done is campaign full time for the last six months. He’s not been engaged in the legislative process at all. There have been no efforts at trying to work with Democrats and Republicans to address this issue at all. And it’s, it’s shameful.”