Republicans say they are "flabbergasted" by the Obama administration's latest proposal for averting a fiscal meltdown -- a plan that they call a "joke" and which has only further divided the two sides with the clock ticking.
Read more: Dems Plan A "Joke"
The GOP response:
WASHINGTON (AP) — House Republicans negotiating with President Barack Obama on avoiding the so-called fiscal cliff are proposing to increase the eligibility age for Medicare and to lower cost-of-living hikes in Social Security benefits.
Read More: GOP Responds With New Offer
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