White House ready to respond to "any serious offer" - Biden

Reuters Middle East

Arlington, Va., Dec 7 (Reuters) - The White House is

prepared to consider "any serious offer" from congressional

Republicans to prevent sharp year-end tax increases and spending

cuts, but an increase in tax rates must be part of the deal,

Vice President Joe Biden said on Friday.

"The president's ready to respond to any serious offer put on

the table," Biden said.

He forecast that if both sides "act like adults" and can

compromise, economic growth will strengthen. The U.S. economy,

which added 146,000 jobs in November, is moving in the right

direction, Biden said.

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