Obama threatens to veto House GOP's "Plan B"

12/19/2012 | Reuters

Discussions to avert the "fiscal cliff" turned tense this week after President Barack Obama threatened to veto the House Republicans' alternative fiscal measure, which they call "Plan B." GOP lawmakers themselves were divided over the plan's tax increase on high-income Americans. Meanwhile, the stock market registered investors' jitters over the lack of a deal as the year-end deadline gets closer.

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