GOP leader urges 2-year freeze on tax rates

By Associated Press
Posted Sep. 8, 2010 at 6:36 a.m.

U.S. House of Representatives Republican leader John Boehner called Wednesday for a two-year freeze on all current U.S. tax rates, including Bush-era tax cuts for the rich set to expire at the end of this year.

Speaking ahead of an economic address by President Barack Obama, Boehner also proposed the government cut spending for next year to 2008 levels before controversial federal bailouts and Obama’s $814 billion stimulus plan.

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