House Republicans unveil new fiscal cliff offer

WASHINGTON Mon Dec 3, 2012 3:12pm EST

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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)

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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
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