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Cliff talks down to the wire

WASHINGTON (AP) - The White House has said that President Barack Obama still believes a deal with Republicans is possible in order to avoid a fiscal cliff.

But there have been no outward signs of progress in talks on how to reach a budget agreement. Obama still wants to raise taxes on individuals making more than $200,000 and couples earning more than $250,000.

Top Republicans say they're waiting for Obama to say the word on what spending cuts can come to entitlement programs like Social Security and Medicare.


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