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Article posted: 12/4/2012 2:32 PM

Fiscal cliff: Highlights of White House, GOP budget plans

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Former White House Chief of Staff Erskine Bowles, co-chairman of the National Commission on Fiscal Responsibility and Reform, speaks to reporters on Capitol Hill on Nov. 28, following a closed-door meeting with House Speaker John Boehner.

ASSOCIATED PRESS

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The Obama administration and House Republicans have unveiled their opening offers in talks to avoid the so-called fiscal cliff. Details are scant, but here's how the plans differ for now.

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