Fiscal Cliff Deal Not Reached, Leaders Agree To Continue Talks

"President Barack Obama, with his latest fiscal cliff offer, proposes extending the Bush tax cuts for everyone earning less than $400,000 a year, and paying for it by increasing taxes on the middle class and cutting Social Security and Medicare."

http://www.huffingtonpost.com/2012/12/18/obama-social-security-fiscal-cliff_n_2319850.html
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