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Boehner Wants One Year Delay on Fiscal Cliff

Speaking just two hours before President Obama was scheduled to issue remarks on the subject from the White House, House Speaker John Boehner convened a press conference Friday to say he would prefer extending all Bush-era tax cuts until 2013, including cuts for the wealthy.

That would give lawmakers enough time to develop a comprehensive tax overhaul and defict-reduction plan, the Republican speaker said.

Source: Boston Globe. Read full article. (link)

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