House Republican leaders on Monday submitted their counteroffer to the White House in the so-called fiscal cliff negotiations, a proposal that would would extend Bush era tax rates for all Americans and include $2.2 trillion dollars in savings; $800 billion via tax reform, $900 billion via entitlements and $300 billion in other cuts.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=163535