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New Canaan News

Sunday, May 19, 2013

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Local worries about fiscal cliff

11:07 pm, Wednesday, December 26, 2012 -- The "fiscal cliff" describes what will happen at the end of the month if Congress and President Barack Obama fail to cut a deal to extend an estimated $221 billion in Bush-era tax reductions, and automatic spending cuts kick in as the government's debt ceiling reaches $16.4 trillion. If we don't...

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