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President Barack Obama and House Speaker John Boehner met at the White House on Monday in hopes of continuing to make progress on a plan to deal with the “fiscal cliff.”

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WASHINGTON (AP) – Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to show enough progress to head off a plunge in stock prices when Asian markets open ahead of the US workweek.
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MICHAEL STEEL

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abtest

Progress seen in US ‘fiscal cliff’ talks

December 19, 2012 - 12:00am

President Barack Obama and House Speaker John Boehner met at the White House on Monday in hopes of continuing to make progress...

Business

US scrambles for debt deal to avert stock plunge

July 25, 2011 - 12:00am

WASHINGTON (AP) – Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to show enough progress to head off a plunge...

Business