Hill leaders optimistic about “fiscal-cliff” deal

Associated Press Published: November 16, 2012
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Brian Hughes

Congressional leaders emerged from their first White House meeting on the “fiscal cliff” Friday optimistic that a framework had been formed to keep taxes from skyrocketing at the end of the year.

House and Senate leadership met with President Obama for roughly an hour Friday morning, where the Washington power brokers laid out proposals for how to avert a series of deep spending cuts and massive tax increases that would hit Americans in a few weeks.

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