Bloomberg reports Pres. Obama will offer a mini-deal to avert some of the effects of the fiscal...

|By:, SA News Editor

Bloomberg reports Pres. Obama will offer a mini-deal to avert some of the effects of the fiscal cliff’s tax and spending changes, including delaying or replacing some automatic spending cuts scheduled to begin Jan. 1. A mini-deal could include a cap on tax increases at $400K in earnings and an alternative minimum tax patch. Stocks remain stuck in the red.