Obama insists on tax hike for rich as part of fiscal deal

WASHINGTON (Reuters) - President Barack Obama said on Friday he was prepared to compromise with Republicans to avert a looming U.S. fiscal calamity, but insisted a tax increase for the rich must be...

Source: http://feeds.reuters.com/~r/news/economy/~3/pfz-INrqXdk/us-usa-fiscal-idUSBRE8A80WV20121109

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