Updated Wednesday, May 22, 2013 as of 12:38 PM ET

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Geithner Said to Offer Fiscal Plan With Entitlement Cuts

Heidi Przybyla and Roxana Tiron

Treasury Secretary Timothy Geithner offered Republican House Speaker John Boehner a proposal to avert an end-of-the-year fiscal cliff that would trade $1.6 trillion in tax increases for $400 billion in unspecified entitlement program cuts, a Republican aide said.

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