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Fiscal Cliff

In this Nov. 7, 2012, photo, House Speaker John Boehner, R-Ohio, talks about the elections and the unfinished business of Congress, at the Capitol in Washington, Wednesday. President Barack Obama is slating a White House appearance on Friday, Nov. 9, to set the tone for upcoming talks with congressional Republicans on avoiding the so-called fiscal cliff. Republicans are drawing a line in the sand against higher tax rates for upper-income earners, seeking to topple the conventional wisdom that the freshly re-elected Democrat has the whip hand in upcoming negotiations.

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