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Thursday, December 27, 2012

Taxpayers Face Fiscal Cliff unless Washington Agrees on Deal

RIVERWOODS, ILL. (DECEMBER 27, 2012) BY MICHAEL COHN Congress is scheduled to return Thursday, with one of its top priorities a deal to avert the December 31 “fiscal cliff” deadline of looming tax increases and automatic spending cuts, but it will need to work quickly or reach some type of interim agreement.

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