Despite 'fiscal cliff' deal, political fights loom over spending and debt limit

  • Article by: PAUL WISEMAN and CHRISTOPHER S. RUGABER , Associated Press
  • Updated: January 2, 2013 - 4:32 AM

WASHINGTON - An emergency deal reached after weeks of rancorous negotiations will keep the U.S. from driving off the so-called fiscal cliff, but higher taxes and continued political bickering in Washington threaten to shake the fragile U.S. economy well into 2013.

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