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December 03, 2012

White House not impressed with Republican fiscal cliff plan

The White House rapidly panned the House GOP offer to settle the fiscal cliff, with Communications Director Dan Pfeiffer saying it doesn't "meet the test of balance.

"In fact, it actually promises to lower rates for the wealthy and sticks the middle class with the bill," Pfeiffer said. "While the President is willing to compromise to get a significant, balanced deal and believes that compromise is readily available to Congress, he is not willing to compromise on the principles of fairness and balance that include asking the wealthiest to pay higher rates."

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