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07/07/2011

Eric Cantor explains his views on raising revenue through closing loopholes in the tax code

Cantor essentially says: If Obama wants to play small ball with loopholes that benefit millionaires and billionaires, then fine. We'll work with him to close those. However, they add up to such a small amount that in exchange, Obama needs to be willing to go after cuts big enough to fix the underlying deficit problem.

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Posted at 12:05 PM |

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