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Boehner Calls For Fiscal Cliff Down Payment

The House speaker said Republicans would accept “new revenue” – but not higher tax rates – in a broader agreement next year.

House Speaker John Boehner (R-Ohio) on Wednesday called for “a down payment” on deficit reduction during the lame-duck session of Congress and said Republicans would accept “new revenue” – but not higher tax rates – in a broader agreement next year.

Source: The Hill. Read full article. (link)

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