Tags: Congress | Fiscal | Cliff | Fallback

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An idea percolating in the U.S. Congress, aimed at helping avoid the fiscal cliff, would scrap the steep across-the-board spending cuts of $109 billion set to start on Jan. 2 and replace them with more targeted savings of about $55 billion, according to aides familiar with the discussions.
Congress,Fiscal,Cliff,Fallback
 

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