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Boehner Accepts Smaller Deficit Cuts

On Saturday evening, Speaker of the House John Boehner accepted less than he previously asked for in a deficit reduction plan. He slashed the GOP demand for total cuts from $4 trillion to, roughly, the $2 trillion suggested by the White House, and he tentatively agreed to some form of tax increase. (more)

Posted on Jul 9, 2011 READ MORE


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