Fiscal cliff deal can be reached, say leading Republicans and Democrats

Key figures on both sides of the Washington divide have said a deal can be reached to avoid damaging cuts and tax rises Both sides of Washington's political divide expressed optimism Sunday that a deal could be struck to avoid the "fiscal cliff" of swingeing spending cuts and tax increases that could put the US economy back into reverse. Speaking on Fox News Sunday, Republican senator Bob Corker acknowledged that raising revenue from America's rich would have to be part of the plan to reduce soa...