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President Obama is preparing to make a statement at 545 on the fiscal cliff. *Synopsis pg3 url***
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[quote:Phennommennonn:MV8yMDk2ODE2XzM1MzExMDkxXzgwRUQ3RkZC] [b]synopsis[/b] [color=red][b]Live-blog: President Barack Obama on fiscal cliff[/b][/color] [color=red]Shortly before Obama's statement, congressional leaders emerged without a deal to avoid a combination of spending cuts and tax hikes which could collectively significantly reduce the country's economic output. Obama is urging House Republicans to put his proposal, which would preserve Bush-era tax rates on income below $250,000. So far House Speaker John Boehner has opposed bringing that to the House floor. In short remarks, Obama reiterated his call for the introduction of a measure that would keep tax rates in place for middle-class families, as well as passing an extension of unemployment benefits.[/color] more here http://www.oregonlive.com/politics/index.ssf/2012/12/live-blog_president_barack_oba.html [/quote]
WASHINGTON — The White House says President Barack Obama plans to make a statement about 5:45 p.m. following a meeting with congressional leaders on the fiscal cliff.
Obama met Friday for about an hour with House Speaker John Boehner, Senate Republican leader Mitch McConnell, Senate Majority Leader Harry Reid and House Democratic leader Nancy Pelosi.
link to www.timesfreepress.com
link to www.whitehouse.gov
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