 BBC News | US faces crucial day of 'fiscal cliff' talks BBC News US politicians are facing a crucial day of talks aimed at preventing the so-called "fiscal cliff". Congress must reach a deal by the end of the year to avert steep spending cuts and tax rises due to take effect. President Barack Obama has said he is "modestly ... Lawmakers fear voter backlash on fiscal cliff Compromise, reason elude Washington Fiscal cliff: What happens to Americans on Jan 1 |
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