Monday, December 17, 2012

Fiscal Cliff Catch-Up

Obama, Boehner close to agreement on 'fiscal cliff'
In pursuit of a compromise, President Obama has offered to slow the growth of Social Security benefits and lowered his demand for new taxes, according to a person familiar with the talks.
But Obama's counteroffer to House Speaker John A. Boehner (R-Ohio) seeks additional stimulus spending and a two-year extension of the federal debt limit, which Republicans have so far opposed.

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