No US budget deal without tax hikes: White House

Lead White House negotiator Timothy Geithner insisted Sunday there would be no deal to avert the "fiscal cliff" unless Republicans allowed tax rates on the wealthiest Americans to rise.

"There's not going to be an agreement without rates going up. There's not," Geithner told CNN, calling on Republicans to propose a counter-offer to the plan laid out by President Barack Obama's administration.

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