News Column

President Obama to Address Economy, Fiscal Cliff

November 9, 2012
President Barack Obama

US President Barack Obama will make a statement Friday on his plans for the US economy and efforts to avoid the painful combination of tax increases and spending cuts due to take effect at year's end.

Negotiations over the so-called fiscal cliff will be among Obama's biggest immediate challenges after winning re-election this week.

The remarks were scheduled for 1:05 pm in the White House's East Room.

Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH

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