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President Barack Obama, center, speaks while House Speaker John Boehner, a Republican from Ohio, left, and Harry Reid, a Democratic Senator from Nevada, listen Friday during a meeting in the Roosevelt Room of the White House.
Bloomberg News
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At issue are a broad series of looming tax increases across every income bracket, coupled with across-the-board spending cuts. The gritty work of negotiations is now under way, and the White House work on this matter will be carried on by staff members as Obama heads off to Asia on Saturday.Galleries by Category
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