Monday, 17 December 2012

Obama, Boehner meet at White House on "fiscal cliff"

U.S. Speaker of the House of Representatives Boehner walks to his office in the U.S. Capitol after meeting with U.S. President Obama at the White House in Washington WASHINGTON (Reuters) - U.S. President Barack Obama and John Boehner, the top Republican in Washington, met at the White House on Monday to try to reach a budget deal that would head off steep tax hikes and spending cuts that could push the economy into recession next year. The 45-minute meeting is a further sign that talks to avert the "fiscal cliff" could be yielding progress after weeks of stalemate. Boehner, the speaker of the Republican-controlled House of Representatives, has edged closer to Obama's demand to raise taxes on the wealthiest Americans. ...




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