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The Boston Globe


Brief delay built into fiscal cliff tax hikes

WASHINGTON — Political leaders are beginning to review scenarios for surviving the fiscal cliff in the short term, as the likelihood builds that no budget deal will be reached over the next four days.

“I don’t know, time-wise, how it can happen now,’’ Senate majority leader Harry Reid, the Senate’s top Democrat, said Thursday of the elusive budget deal that could stop automatic tax hikes and spending cuts Jan. 1.

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