Thursday 27 December 2012

House sets Sunday session as fiscal cliff deadline nears

WASHINGTON (Reuters) - The House of Representatives will hold a work session on Sunday beginning at 6:30 p.m. EST (2330 GMT), a day before the December 31 deadline for reaching a deal that would avert the "fiscal cliff." A senior House Republican aide confirmed that House members were being called back to Washington. The House went on recess a week ago amid a deadlock on how to resolve ways to avoid $600 billion in potentially harmful tax increases and spending cuts. (Reporting By Richard Cowan; Editing by Sandra Maler) via Health News Headlines - Yahoo! News Read More Here..

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