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Tuesday, January 1, 2013

Joe Biden To The Rescue?

Vice President Joe Biden speaks following a Senate Democratic caucus meeting about the fiscal cliff on Capitol Hill on Monday, Dec. 31, 2012 in Washington. (AP/Alex Brandon)

Vice President Joe Biden speaks following a Senate Democratic caucus meeting about the fiscal cliff on Capitol Hill on Monday, Dec. 31, 2012 in Washington. (AP/Alex Brandon)

Did President Obama nearly kill a deal to avoid the fiscal cliff, as the Washington Post reports, by insisting at the last minute on Monday morning that any deal also include a delay in so-called “sequester” cuts in federal spending that were scheduled to take effect starting tomorrow?

What else happened in negotiations that took place out of public view, and what does it mean politically?

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