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Debt panel collapse sparks partisan clash over taxes and cuts
Washington braces for year end battle as the deficit panel fails to agree on $1.2 trillion in cuts and tax changes. Obama seeks middle class tax relief while opposing a full extension of Bush-era cuts. lawmakers warn of automatic 1 trillion dollar spending reductions unless an alternative is found.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
Congress
Pentagon
Defense Hawks
Obama
White House
Europe
Patty Murray
D-Wash
Jeb Hensarling
Texas