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Obama: Fiscal Cliff Deal in Sight

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Published on Dec 31, 2012

President Obama, speaking in front of a crowd at the White House on New Years Eve, reported that lawmakers have come to an agreement that would prevent tax increases for most Americans, resolving some aspects of the fiscal cliff.

"I appears that an agreement is within sight, but it is not done," Obama said. "There are still issues to be resolve, but we are hoping Congress can get it done."

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