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'Fiscal cliff' would lead to tax increases for average families

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Lawmakers have until midnight Dec. 31 to reach a deal.

Springfield, Mo. -- Lawamkers in Washington have until midnight December 31 to reach a budget deal.  If they are not able to come to an agreement by then, the tax code reverts to where it was a couple years ago.  Financial experts say that means most of us could end up paying at least six to seven percent more in taxes.

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