Tagged: Fiscal Cliff

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11:29am

Wed January 2, 2013
It's All Politics

'Rum Cliff' And Other Close Shaves In The Tax, Spending Deal

Originally published on Wed January 2, 2013 1:12 pm

Credit istock

You might have thought the intense partisan negotiations over the so-called fiscal cliff were all about who wins and who loses when it comes to taxes and government programs.

And that assessment would be essentially correct — but some of the winners might strike you as a bit odd.

Tucked away in the bill's obscure cul-de-sacs are a bevy of obscure tax and spending provisions. We picked five for your perusal. Here goes:

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9:18am

Wed January 2, 2013
The Two-Way

Financial Markets Cheer 'Fiscal Cliff' News

Originally published on Wed January 2, 2013 3:08 pm

Credit Spencer Platt / Getty Images

Though more big battles lie ahead in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up to the deal that kept the federal government from going completely over the so-called fiscal cliff.

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7:48am

Wed January 2, 2013
The Two-Way

Well, It Is In The Dictionary: Boehner Reportedly Aimed 'F-Bomb' At Reid

Originally published on Wed January 2, 2013 8:47 am

Credit Olivier Douliery/Pool / Getty Images

Politico's long "tick-tock" account of "the fiscal cliff deal that almost wasn't" is getting lots of attention this morning because of this vignette:

"House Speaker John Boehner couldn't hold back when he spotted Senate Majority Leader Harry Reid in the White House lobby last Friday. ... 'Go f— yourself,' Boehner sniped as he pointed his finger at Reid, according to multiple sources present."

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5:30am

Wed January 2, 2013
The Two-Way

It's Not Over: Big Battles Ahead Even After 'Fiscal Cliff' Deal

Originally published on Wed January 2, 2013 12:59 pm

Credit Aude Guerrucci/Pool / Getty Images
  • From 'Morning Edition': The upcoming battles

We're sorry to start the first work day of 2013 on a negative note, but here goes:

Though the House voted 257-167 late Tuesday to OK legislation that kept the federal government from going over the so-called fiscal cliff — and stopped income taxes from rising for about 99 percent of Americans — lawmakers didn't reach agreement on other very divisive issues.

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