Cliff Talks Hit 'Major Setback' at 11th Hour

Democrats reject 'chained CPI' in GOP offer

By Neal Colgrass,  Newser Staff

Posted Dec 30, 2012 2:15 PM CST

(Newser) – With the fiscal cliff in sight, Democrats and Republicans are no longer talking. Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell reached a "major setback" today over a fairly wonky provision known as "chained CPI," Democratic sources tell Politico. A...   Read full story »

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