Congress may have broken up for the elections, but Senate leaders from both sides are coalescing around a three-step deal to avert the "fiscal cliff" and reduce the deficit. The plan includes raising revenue through revamping the tax code, savings from Medicare and social security, and cuts to federal programs. However, the sides remain far apart on the details, while House Republicans are not involved in the talks.
Congress may have broken up for the elections, but Senate leaders from both sides are coalescing...
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