Most of the world is counting down to a midnight New Year's celebration while Congress continues to watch the clock and count down to another deadline, despite the efforts of lawmakers to avert the "fiscal cliff."
Those efforts are inching closer to the midnight deadline, but leaders from both parties indicate that a deal is within reach.
President Obama took to the stage with middle-class taxpayers standing behind him this afternoon to announce that Congress is making "progress" and that "it appears an agreement...is in sight."
Read more: Finally, a "fiscal cliff" breakthrough - CBS News
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