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Prospects for a last-minute deal to avert the looming fiscal cliff remained dim, as House Republican leaders repeat their demand the Senate act on legislation before the House considers it. The House is not expected to be in session until tomorrow at the earliest. The Senate, however, is expected to be back in session today. With House Republicans putting the pressure on Senate Democrats to act, the Senate's return to work could boost the odds of a “mini” deal to stall the most pressing parts of the cliff. While Jan. 1 is widely seen as the date the federal government goes “over the cliff,” experts say there is some “wiggle room” with most portions of the fiscal cliff. With some elements of the cliff, there has been precedent or there are potential ways to work around them, at least temporarily.
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