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Veronique De Rugy and Nick Gillespie

Obama and Boehner, Both Reckless Spenders

In negotiations over the so-called fiscal cliff, U.S. President Barack Obama is calling for $1.4 trillion in new tax revenue over the next decade.

The Republican opposition, led by House Speaker John Boehner of Ohio, has signaled that the Republicans could stomach generating as much as $800 billion in new revenue over the next decade, or half of Obama’s number.