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News Link • TAXES: Federal

GOP serves up $800 billion in new taxes

• Washington Post
House Republican leaders endorsed a far-reaching plan Monday to rein in the national debt that would raise $800 billion in new tax revenue, slice $600 billion from federal health programs and apply a stingier measure of inflation to Social Security benefits. [that is ... no real cuts in spending]

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Comment by Powell Gammill
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http://www.nytimes.com/2012/12/04/us/politics/boehner-counters-obamas-proposal-on-deficit-cuts.html


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