BREAKING NEWS

Potential US fiscal cliff deal emerges in Senate

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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