News Headline Summary
White House says Republican fiscal cliff plan does not meet the test of balance and includes nothing new
- Obama is not willing to give up his demand that the wealthiest Americans must pay higher tax rates.
Analysis details (08:51)
- Earlier in the session we saw a Republican offer which proposed USD 600bln in health care savings; which saves USD 200bln by revising inflation index for federal retirement benefits.
04 Dec 2012 - 08:48
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