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White House pre-spins fiscal cliff defeat

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Minority Leader Mitch McConnell has reportedly struck a deal with Vice President Joe Biden on at least the tax side of the fiscal cliff and liberals are not happy. Phil Klein has outlined the details of the agreement here, and The Washington Post’s Ezra Klein estimates the tax hikes will net the federal government about $660 billion in revenue. Klein goes on to report: A top Senate staffer on...

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