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    Obama returns to Washington to try to avoid 'fiscal cliff'

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    euronews (in English)

    by euronews (in English)

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    US President Barack Obama has cut short his holiday in Hawaii and returned to Washington to try to persuade Congress to reach an agreement avoiding the "fiscal cliff."

    The term refers to a series of tax hikes and spending cuts that will be implemented automatically if a deal cannot be reached by Monday.

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    http://www.euronews.net/