WASHINGTON (AP) — Capitol Hill Republicans say the GOP members of a deficit “supercommittee” are showing flexibility on revenue hikes as the panel heads closer to its Thanksgiving deadline.

GOP aides said Tuesday that among the options floated by Republicans is one that would place limits on the total amount of tax deductions and credits that individuals could claim, in exchange for lower income tax rates. The tradeoff could net hundreds of billions of dollars for the Treasury over the coming decade.

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