BREAKING NEWS – Key leaders reach agreement to avoid shutdown

Congressional negotiators have a reached a deal in principle and plan to draft a final agreement on Tuesday.

The US Capitol dome and its reflection are seen on Capitol Hill in Washington, DC on December 29, 2012. As the fiscal cliff deadline looms, Congress and the White House have still not reached a compromise. If no deal is struck by December 31 at midnight, taxes will automatically go up on both high earners and the middle class, and across-the-board spending cuts will go into effect.

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