Monday, December 31, 2012

Senate negotiators yet to reach ‘fiscal cliff’ deal as clock winds down - washingtonpost

Vice President Joseph Biden and Sen. Mitch McConnell were locked in urgent talks late Sunday over the “fiscal cliff” after Democrats offered several significant concessions on taxes, including a proposal to raise rates only on earnings over $450,000 a year. - Senate negotiators yet to reach 'fiscal cliff' deal as clock winds


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