Fiscal Cliff Talks Get Started

President Obama and congressional leaders from both major parties are meeting at the White House this hour for the first of what will likely be many negotiations aimed at averting a plunge over the so-called fiscal cliff.

We'll watch for news from the key players — who include House Speaker John Boehner, R-Ohio — and update with highlights.

Just before the meeting, this message was posted on Boehner's Twitter page:

"Look forward to mtg w/@WhiteHouse re: plan to avert #fiscalcliff via pro-growth tax reform & spending cuts; not tax rate hikes"

The administration, on the other hand, is tweeting a "closer look at how the President's plan raises $1.6T in revenue pic.twitter.com/m7Cogl1d."

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