Boehner's Cliff Counteroffer: $1M Tax, Debt Ceiling

Boehner's Cliff Counteroffer: $1M Tax, Debt Ceiling Play

Dec. 17 (Bloomberg) - -Bloomberg's Peter Cook reports that House Speaker John Boehner has made a concession to raise rates on the wealthiest Americans making $1 million and approached a changed in power on the debt ceiling. He speaks on Bloomberg Television's "In The Loop."

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