A last-ditch tax deal in the Senate might let the U.S. economy escape the worst of the so-called fiscal cliff and avoid going back into recession.

Topics:  senate   u.s    fiscal cliff   
BING NEWS:
  • COMMENTARY: The fiscal cliff
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  • China's Q1 fiscal revenue falls as tax cut policies weigh
    China's fiscal revenue in the first quarter fell 2.3% from a year earlier, as some special factors including previous tax cut policies weighed, the finance ministry said on Monday.
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