House GOP makes a $2.2 trillion debt counteroffer to Obama on cliff
Story Date: 12/4/2012

 
Source: Russell Berman, THE HILL, 12/3/12

House Republican leaders have made a counteroffer to President Obama in the fiscal cliff negotiations, proposing to cut $2.2 trillion with a combination of spending cuts, entitlement reforms and $800 billion in new tax revenue.

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