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No one retreating; cliff talks seem at standstill

December 11, 2012
By DAVID ESPO , THE ASSOCIATED PRESS

WASHINGTON - A year-end deadline approaching, negotiations to avoid an economy-rattling "fiscal cliff" appeared at a standstill Monday. Republicans pressed President Barack Obama to name specific spending cuts he will support, while the White House insisted the GOP agree explicitly to raise tax rates on upper incomes.

 
 
 

 

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