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A high-profile

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congressional effort to trim stubborn budget deficits appeared near collapse on Friday as Democrats

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rejected a scaled-back proposal from Republicans that contained

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few tax increases. With Democrats and Republicans on

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a deficit-cutting "super committee" deadlocked ahead of a Wednesday deadline, House of Representatives Speaker

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John Boehner floated an offer to try to break the logjam on tax increases and benefit cuts.

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The plan would save $643 billion over 10 years, about half of the panel's goal of

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$1.2 trillion, but the two sides were unable to even agree what was in the plan.

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Boehner aides said it included $229 billion in new

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revenues and fees. Democrats said it would only generate $3 billion in new

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revenue from closing a tax break for corporate jets.