Obama and Boehner May Rehash Failed Debt Talk Plans to Avoid the Fiscal Cliff

“The blueprint for a deal to avoid a fiscal nightmare early next year may be found in the failed debt negotiations between President Barack Obama and House Speaker John Boehner in mid-2011.

Part of their talks on a $4 trillion deficit-cutting plan included a gradual increase in the Medicare eligibility age to 67 and an alternative yardstick for calculating inflation that would reduce annualSocial Security cost-of-living adjustments.”

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