Boehner says Obama can't run on economic record

FILE - In this March 29, 2012 file photo, House Speaker John Boehner of Ohio speaks during a news conference on Capitol Hill in Washington. Boehner has finally endorsed Mitt Romney to be the Republican presidential nominee, saying his economic policies would help Americans find jobs. The Ohio Republican told reporters Tuesday that Romney’s proposals will offer a strong contrast with President Barack Obama’s failed efforts to revive the economy. Boehner said he will do all he can to help Romney win in November.  (AP Photo/J. Scott Applewhite, File)
FILE - In this March 29, 2012 file photo, House Speaker John Boehner of Ohio speaks during a news conference on Capitol Hill in Washington. Boehner has finally endorsed Mitt Romney to be the Republican presidential nominee, saying his economic policies would help Americans find jobs. The Ohio Republican told reporters Tuesday that Romney’s proposals will offer a strong contrast with President Barack Obama’s failed efforts to revive the economy. Boehner said he will do all he can to help Romney win in November. (AP Photo/J. Scott Applewhite, File)

WASHINGTON (AP) — House Speaker John Boehner (BAY'-nur) says President Barack Obama can't run for re-election on his economic record so his campaign will "pull out every bogey man that they can."

The Ohio Republican tells CBS News that he and Obama were close to a deal to break the budget stalemate when Obama "lost his courage."

Boehner says he agreed to raise revenue by overhauling the tax code and Obama initially accepted changes in entitlement programs. Instead, the speaker says, Obama ended up advocating higher tax rates for the wealthy.

Boehner says he believes former Massachusetts governor Mitt Romney is well prepared for the general election "and will appeal to more than half of America." He predicts Obama "is going to make the election about anything other than his failed economic policies."