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Posted by on Dec 11, 2012 in Economy, Featured, Politics | 19 comments

Republicans and Obama Clash Bigtime Over Financial Cliff Spending Cuts

Republicans open spending front in ‘cliff’ row (via AFP)

US President Barack Obama and Republicans waged a new spat over spending cuts Tuesday, as time ran short and little progress was evident towards ending a vexing year-end austerity and tax crisis. After days dueling over Obama’s demand for higher taxes on the rich, each side accused the other of failing…

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