Potential US fiscal cliff deal emerges in Senate

By REUTERS
December 31, 2012 20:03

 
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WASHINGTON - US Senate Republicans on Monday appeared to be coalescing around a potential solution to the "fiscal cliff" crisis with a plan that would continue expiring tax cuts for household incomes of up to $450,000, congressional sources said on Monday.

"I think a majority of our caucus will go along with it," a senior Senate Republican aide told Reuters.

Senate Democrats had not yet expressed positions on the emerging deal.

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