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Barrasso: ‘There is no deal yet’

Anyone looking for signs of hope on a "fiscal cliff" deal would be disappointed by CNN's "State of the Union" Sunday, when a bipartisan group of Senate and House members only agreed that they couldn't agree on much. 

"There is no deal yet," Sen. John Barrasso (R-Wyo.) said of negotiations to avoid the automatic tax hikes and spending cuts set to kick in Jan. 1. He compared the discussions to solving a Rubik's Cube. He predicted that there would be no deal on Sunday, saying, "This is likely going to continue on through tomorrow."

Barrasso demonstrated how far apart Democrats and Republicans are, calling President Obama a "spender in chief" who had a "fixation" with raising taxes. Rep. Darrell Issa (R-Calif.) chimed in, saying the White House was "vilifying the rich" while doing nothing about spending. 

Sen. Debbie Stabenow (D-Mich.) and Rep. Donna Edwards (D-Md.), meanwhile, argued that the rich should sacrifice a little when the middle class was already struggling. 

Senators traded cliff proposals deep into the night, negotiating over a deal that would increase tax rates on top earners.

Rachel Weiner covers local politics for The Washington Post.

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