Thursday, November 29, 2012

Obama says he'll do what it takes to avoid cliff

The White House and a key congressional Democrat hinted at fresh concessions on taxes and cuts to Medicare and other government benefit programs Wednesday as bargaining with Republicans lurched ahead to avoid the year-end "fiscal cliff" that threatens to send the economy into a tailspin.
Increasing numbers of rank-and-file Republicans also said they were ready to give ground, a boost for House Speaker John Boehner and other party leaders who say they will agree to higher tax revenues as part of a deal if it also curbs benefit programs as a way to rein in federal deficits.

Read more: http://townhall.com/news/politics-elections/2012/11/28/first_cracks_in_gop_resolve_on_tax_rates

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