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White House Makes New Fiscal Cliff Counteroffer

The proposal would extend provisions that prevent the alternative minimum tax from hitting millions more taxpayers, as well as prevent cuts in federal payments to doctors who treat Medicare patients.

The Speaker met Monday evening with his GOP leadership team and key players on budget issues — including former vice presidential nominee Paul Ryan of Wisconsin — but no one exiting Boehner’s office suite would comment on the internal conversations.

The $2.4 trillion proposal, when added to the existing $1.1 trillion in spending cuts from the Budget Control Act and war savings, would produce $4 trillion in deficit reduction, according to some sources.

Paul Krawzak contributed to this report.

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