Fiscal cliff negotiators are facing high hurdles

By CHARLES BABINGTON, Associated Press Modified: November 18, 2012 at 11:56 pm •  Published: November 19, 2012
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WASHINGTON — It's entirely possible that lawmakers and the White House will reach a deal that staves off an avalanche of tax increases and deep cuts in government programs before a Jan. 1 deadline. To do so, however, they'll have to resolve deep political and fiscal disagreements that have stymied them time after time despite repeated promises to overcome them.

For many economists,...

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