Consumer confidence fell sharply this month, according to a survey by the University of Michigan, partly because of worries that taxes will rise next year.For all their combative rhetoric, the White House and House Republicans have identified areas that could underpin a budget deal. Both sides concede, for example, that higher tax revenue and lower spending on programs like Medicare, the government health insurance program for the elderly, will be included.
US Economy Could Withstand Brief Fall Off 'cliff'
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