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Obama calls Republicans' fiscal cliff offer 'out of balance' as deadline nears

guardian.co.uk
Tuesday, 4 December 2012

In first interview since re-election, president sticks to requirement of higher taxes on the wealthiest 2% as a non-negotiable point

Barack Obama has rejected the latest proposal from Republican leaders on how to avoid the fiscal cliff, dismissing their offer as unbalanced and based on faulty calculations.

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