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'Fiscal cliff' deal needs spending cuts

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WASHINGTON -- Finally, a plan to avoid the "fiscal cliff" that includes spending cuts. On Monday, Republican House Speaker John Boehner proposed cutting $900 billion in entitlement spending and $300 billion in discretionary spending over the next decade. Boehner also suggested $800 billion over the next decade in higher taxes, but importantly not through higher tax rates. Even the scheduled,...

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