Saturday, July 9, 2011

Boehner: Big deficit deal won't work

On July 9, John Boehner told Obama that his Republicans would not agree to raise taxes to reduce the deficit. Since Obama had been insisting that tax increases should be a part of any big deficit reduction package, Boehner said that Congress should instead shoot for a small deal, one that reduced the deficit by $2 trillion over ten years instead of the large $4 trillion deal that was previously being considered.

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