GOP 'Fiscal Cliff' Plan Echoes Failed Budget Talks

December 04, 2012 at 06:22PM

WASHINGTON (AP) — Republicans are proposing a "fiscal cliff" plan that revives ideas from failed budget talks with President Barack Obama last year, calling for raising the eligibility age for Medicare, lowering cost-of-living hikes for Social Security benefits and bringing in $800 billion in higher tax revenue.

GOP 'Fiscal Cliff' Plan Echoes Failed Budget Talks from U.S. News