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Drama in Washington as fiscal cliff looms

US President Barack Obama speaks following a meeting with congressional leaders at the White House on December 28, 2012. Leaders in deeply polarized Washington groped Sunday for a stop-gap deal to avert a fiscal calamity due to strike within hours and couLeaders in deeply polarized Washington groped Sunday for a stop-gap deal to avert a fiscal calamity due to strike in a matter of hours and with potential to shock markets and spark global economic turmoil.