U.S. President Barack Obama is expected to return to Washington late Wednesday to resume consultations with Republican House Speaker John Boehner and other congressional leaders on a scaled back deficit reduction package before the year ends.

Early last week, the president said he and Boehner were relatively close to an agreement on a compromise to avert what is being called a “fiscal cliff” - $500 billion in mandated spending cuts and tax increases that would affect almost all … [Read More]

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Source: VOA News: War and Conflict