House Republicans unveil new fiscal cliff offer

WASHINGTON Mon Dec 3, 2012 3:12pm EST

Related Topics

WASHINGTON (Reuters) - U.S. House of Representatives Republican leaders on Monday called for $2.2 trillion in new deficit-reduction over 10 years in their latest effort to avert an end-of-year fiscal cliff.

When counting deficit reductions enacted last year and anticipated savings from winding down the wars in Iraq and Afghanistan, the package would amount to $4.6 trillion in savings over a decade, according to House Republicans.

House Speaker John Boehner and six other House Republican leaders made the offer in a letter to President Barack Obama.

(Reporting by Richard Cowan; Editing by Sandra Maler)

FILED UNDER:
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (9)
xyz2055 wrote:
This is as lame as it gets…these jack wads are trying to hold the status quo. Don’t bite Obama..hold the freaking line. Your plan is better! Otherwise..we all go over the cliff together. Republican’s will fold..they are scared s..less.

Dec 03, 2012 3:22pm EST  --  Report as abuse
USAPragmatist wrote:
Good job guys, now where can I see the details?, Obama and the Dem posted theirs online.

Dec 03, 2012 3:25pm EST  --  Report as abuse
AlkalineState wrote:
“Bohner Stands Firm, Comes Out Swinging.”

Doing! Lucky us.

Dec 03, 2012 3:48pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Recommended Newsletters

Reuters U.S. Top News
A quick-fix on the day's news published with Reuters videos and award-winning news photography and delivered at your choice of one of four times during the day.
Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.
Reuters Technology Report
Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents.