Fiscal cliff deal
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( Chris Kleponis/AFP/Getty Images / January 22, 2013 ) A hard-fought 'fiscal cliff' deal was finally reached on Jan. 1 that narrowly averted devastating tax increases and spending cuts. The agreement, approved late on Jan. 1 by the Republican-led House of Representatives and signed by President Obama on Jan. 2, was considered a victory for the President. |
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