Congressional negotiators burrowed into their Capitol offices on Saturday to see if they can stop the U.S. economy from falling off of a "fiscal cliff" in just three days when the biggest tax increases ever to hit Americans in one shot are scheduled to begin.
Aides to Senate Majority Leader Harry Reid, a Democrat, and Senate Republican leader Mitch McConnell were expected to work through the day on a possible compromise that would set aside $600 billion in tax increases and across-the-board government spending cuts that are set to kick in next week.
http://www.reuters.com/article/2012/12/29/usa-fiscal-idUSL1E8NT11X20121229
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