Senate Majority Leader Harry Reid, D-Nev., right, and Sen. Charles Schumer, D-N.Y., finish a news conference after Senate Democratic leaders met with Treasury Secretary Timothy Geithner on the fiscal cliff negotiations, at the Capitol in Washington on Thursday, Nov. 29, 2012.
Congress has yet to patch the law for 2012. So if lawmakers don't act, about 28 million middle-income families will face unexpected tax increases averaging more $3,000 when they file their 2012 tax returns next spring.
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