Obama rejects GOP fiscal cliff offer, says plan is ‘out of balance’
(MCT) — WASHINGTON — President Barack Obama rejected a GOP offer for avoiding the so-called fiscal cliff and underscored his refusal to accept any deal that does not increase income tax rates for top earners.
In his first interview since re-election, Obama said the Republican plan offered on Monday was “out of balance” and acknowledged that talks between the president and congressional Republicans are hung up on the tax rate dispute.
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