Treasury Secretary Timothy Geithner took the administration's plan to avert the so-called fiscal cliff to skeptical Republicans on Capitol Hill on Thursday. The proposal would increase taxes on the wealthiest by $1.2 trillion and cut Medicare by $400 billion over a decade.
Source: http://www.npr.org/2012/11/30/166217435/republicans-bristle-at-obamas-tax-spending-plan?ft=1&f=1014
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