What's in Boehner's New Fiscal Cliff Proposal?

What's in Boehner's New Fiscal Cliff Proposal? Play

Dec. 3 (Bloomberg) -- House Republicans, rejecting President Barack Obama’s demand for tax rate increases, proposed $1.4 trillion in spending cuts and $800 billion in new revenue by limiting tax breaks and capping deductions for top earners. Peter Cook reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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