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Sources: New offer from Obama moves toward Boehner

December 18, 2012
By DAVID ESPO AP Special Correspondent , AP

WASHINGTON - 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 negotiations with House Speaker John Boehner to avoid a "fiscal cliff," people familiar with the talks said Monday.



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