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No, Tom Cole was not right about the fiscal cliff

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The Washington Post‘s Chris Cillizza is trying to push the idea that Rep. Tom Cole, R-Okla., was right: Republicans should have caved immediately after the election and given Obama higher rates on income over $250,000. Cillizza writes: Yes, ultimately the fiscal cliff deal raised the dollar amount of those exempted from a tax increase to $400,000 — thanks to McConnell — which, on the numbers...

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