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House Speaker John A. Boehner (R-Ohio) rejected Wednesday any increase in tax revenue and instead said that a special committee seeking long-term debt reduction should find $1.5 trillion in savings entirely from cutting federal agency spending and slashing popular entitlement programs.

Laying out his party's economic agenda, one week after President Obama offered a $447 billion program of tax cuts and new spending to jumpstart a struggling economy, Boehner supported a plan to reform the tax code.

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