Fiscal cliff: Budget delay to January seen to aid GOP, Democrats
Photo credit: AP | The Capitol dome on Capitol Hill in Washington. (Dec. 10, 2012)
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Republicans and Democrats in the U.S. Congress are starting to talk about the benefits of waiting until January to reach a budget deal, even as House Speaker John Boehner signals openness to allowing tax rates to rise for millionaires.
President Barack Obama rejected a Dec. 14 offer by Boehner to raise rates on household income above $1 million a year and lift the federal debt ceiling in exchange...
