Snag in Fiscal Cliff Negotiations - Central Coast News KION/KCBA

Snag in Fiscal Cliff Negotiations

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WASHINGTON, D.C. -- There is a major setback in today's fiscal cliff negotiations in Washington.

Democratic sources say it revolves around a new demand from Republicans.  They are reportedly calling for a cut in Social Security, resulting in lower SSI payments for recipients.

The demand comes in exchange for letting the tax cuts expire for the wealthiest Americans.

We will keep you updated throughout the day on the latest developments from Washington.

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