Budget jitters set in, stocks dive
Posted: December 22, 2012 at 1:49 a.m.
Investors sent Washington a reminder Friday that Wall Street is a power player in talks to avoid the “fiscal cliff.” Stocks fell sharply after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before tax increases and government spending cuts are scheduled to take effect.
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Business, Pages 28 on 12/22/2012