Posted by Melody on 12:53 PM
| Reuters: Politics | | Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com | |
| House Republicans unveil new fiscal cliff offer Dec 3rd 2012, 20:12 WASHINGTON | Mon Dec 3, 2012 3:12pm EST 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. | |
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