Friday, 7 December 2012

"Fiscal cliff" talks down to Obama and Republican Boehner

U.S. President Obama speaks while visiting middle class family members in their home to discuss his Administration's push to cut taxes for 98% of Americans in Falls Church WASHINGTON (Reuters) - With about three weeks left before the "fiscal cliff" deadline, the task of avoiding the steep tax hikes and spending cuts was down to talks between Republican House Speaker John A. Boehner and President Barack Obama, according to Capitol Hill aides. Democratic Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi are "being kept in the loop," said an aide close to Democratic leaders, ready to work out any details. "The White House and Boehner have the most to work out, so they do the most talking," he said on Friday. Fundamental differences remain. ...




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