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Grand Bargain Unlikely

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Grand Bargain Unlikely

Nebraska Senator Mike Johanns dismisses President Obama’s call for a grand bargain on tax rates and federal spending.┬áThe president has suggested cutting corporate taxes, while imposing a minimum tax on foreign earnings. Any extra money generated by a tax overhaul would be spent on infrastructure.┬áJohanns says the president is over-selling the idea. . .

Johanns doesn’t see the idea going anywhere.

 

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A look back at some of this week's biggest headlines and the stories you may have missed.