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Fiscal Cliff Talks Stalled over Weekend, Continue Today

Washington awakens on New Year’s eve to a daunting reality: If lawmakers and the White House can’t broker a last-minute deal on the fiscal cliff, the country will actually go over it.

It’s not how Americans want to start 2013: with hefty new tax hikes and spending cuts that could send the stock market plummeting, slash defense spending and interrupt an economic recovery that was just beginning to spark.

Source: Politico. Read full article. (link)

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