Potential U.S. fiscal cliff deal emerges in Senate - sources
WASHINGTON, Dec 31 - U.S. Senate Republicans on Monday appeared to be coalescing around a potential solution to the "fiscal cliff" crisis with a plan that would continue expiring tax cuts for household incomes of up to $450,000, congressional sources said on Monday.
"I think a majority of our caucus will go along with it," a senior Senate Republican aide told Reuters.
Senate Democrats had not yet expressed positions on the emerging deal.
(Reporting by Thomas Ferraro, Richard Cowan and Kim Dixon; Editing by Will Dunham)
- Tweet this
- Share this
- Digg this
- OPEC oil output hits highest since 2012 on Libya, Saudi-Reuters Survey
- With iPhone 6 approved in China, Apple suppliers ready for demand
- Energy, manufacturing to lead Modi, Obama talks
- Modi promises U.S. CEOs a return to market reforms
- Kurds seize Iraq/Syria border post; Sunni tribe joins fight against Islamic State
President Barack Obama and new Prime Minister Narendra Modi discussed trade issues, climate change and the fight against Islamic State militants during an Oval Office meeting on Tuesday, the two leaders told reporters after their meeting. Story | Full Coverage
China final HSBC PMI steady in September on stronger global demand but risks remain Full Article