Share 'Senate stalemate: US teeters on brink of 'Fiscal Cliff''
December 31, 2012
The US is set to plunge over the so-called fiscal cliff as senators failed to reach an agreement to avert $600 billion of tax hikes and cuts. Republicans and Democrats are deadlocked on the issue that could deal a deadly blow to the US economy.
Senators were supposed to reach a deal on Sunday, but were unable to find common ground on the issue. As a result of their indecision Wa…
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