Aides: Deal to avoid "fiscal cliff" starts to take shape

President Barack Obama and House Speaker John Boehner, R-Ohio, have proposals on the table to avoid the "fiscal cliff," and the broad outlines of a possible compromise are emerging. New tax revenues would be raised from the wealthy, and cuts to health and retirement programs would reduce spending, senior aides said. Additional savings are being discussed in an effort to delay across-the-board cuts to federal agency spending, they said.

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