Excerpt
SUMMARY: House speaker John Boehner wrote to President Obama to reject a White House plan to raise tax rates for the wealthiest Americans, suggesting instead a counter-offer that raises Medicare eligibility age. Gwen Ifill talks to Erskine Bowles about his deficit reduction plan and how it differs from current proposals on the table.
Watch White House, House Republicans Fights Over Deficit Reduction on PBS. See more from PBS NewsHour.
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