Friday 30 November 2012

Obama takes "fiscal cliff" on the road; Republicans stew

U.S. President Obama delivers remarks at the White House in Washington WASHINGTON (Reuters) - President Barack Obama, reapplying his re-election campaign theme of protecting the middle class, heads to Pennsylvania on Friday suggesting that Republicans could spoil Christmas by driving the country over the "fiscal cliff." The president's road trip, visiting a factory that makes Tinkertoys, is infuriating Republicans, with House of Representatives Speaker John Boehner calling it a "victory lap" Thursday as he rejected Obama's proposals to avoid the cliff, which is a combination of tax increases and spending cuts set to start taking effect in January. ...




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