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AP Sources: New Obama Offer Moves Toward Boehner

President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher taxes at upper income levels as part of accelerating talks with House Speaker John Boehner to avoid a "fiscal cliff," people familiar with the talks said Monday. Speaking a few hours after Obama and Boehner met at the White House, these people said the president was now seeking higher tax rates beginning at incomes over $400,000 for couples,...Full Story
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