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AP Sources: 'Fiscal cliff' deal emerging

December 31, 2012

WASHINGTON (AP) -- The contours of a deal to avert the `fiscal cliff' emerged Monday, with Democrats and Republicans agreeing to raise tax rates on family income over $450,000 a year, increase the estate tax rate and extend unemployment benefits for one year, officials familiar with the negotiations said....

Source URL: http://hosted.ap.org/dynamic/stories/U/US_FISCAL_CLIFF?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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