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GOP scoffs at White House?s ?fiscal cliff? opening bid

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Bolstered by his reelection, President Barack Obama on Thursday made a detailed opening bid to Congressional Republicans for averting the so-called fiscal cliff — the mix of tax hikes and deep spending cuts that risk plunging the economy into a new recession come 2013. Republicans flatly rejected the offer, which mostly repackaged Obama’s previous budget [. . . ]

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