Leaders call ‘fiscal cliff’ meeting ‘constructive’

From The Hill:

Congressional leaders emerged Friday from the White House saying their initial meeting on the “fiscal cliff” with President Obama had been a “constructive” first step.

The lawmakers offered no details on their discussions to avert major tax hikes and spending cuts that could cripple the economy in January, but Republican leaders signaled a flexibility on higher taxes while Democrats said they could agree to spending cuts.

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