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Boehner rejects Democrats’ $3 trillion deficit reduction proposal to ‘supercommittee’

Posted on October 28, 2011 by TRP

Democrats said Thursday they had put forward a good-faith offer that included legitimate savings against the swelling federal debt and included a package of more than $300 billion in stimulus for the sagging economy. “We’ve always said there are two important things—get the economy moving and have jobs and to have a balanced approach,” said committee member Rep. Chris Van Hollen (D-Md.), as he emerged from the Democrats’ strategy session. “Any package needs to be judged on that test.”

Democrats on Tuesday had presented a plan to achieve $3 trillion in deficit savings over the next decade, cutting as much as $500 billion from Medicare, Medicaid and other health programs and raising $1.3 trillion in new revenue.

via Boehner rejects Democrats’ $3 trillion deficit reduction proposal to ‘supercommittee’ – The Washington Post.

 


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