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Boehner embraces Erskine Bowles’ 'middle ground' approach

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In a letter to President Obama, House Speaker John Boehner has proposed a combination of tax increases and spending cuts to avert the “fiscal cliff.” The offer, based around a proposal by co-chair of Obama’s deficit commission Erskine Bowles, would represent a bad deal for conservatives if it actually were accepted by Obama. But if Obama refuses the offer, as I’d anticipate, then it...