WASHINGTON Dec 3 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.