Sunday, November 11, 2012

Republicans: Deal can be done with Obama to avoid U.S. ‘fiscal cliff’

Speaker John Boehner and U.S. President Barack Obama. PHOTO/Saul Loeb/AFP/Getty Images

(Reuters) - A senior Republican senator voiced confidence on Sunday that U.S. lawmakers would forge a deal on the year-end "fiscal cliff," while a top aide to President Barack Obama signaled a willingness to compromise over raising tax rates on the rich.

Republican Senator Bob Corker said increasing tax revenues from wealthier Americans would have to be part of the plan, but he stressed closing

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