News Column

Obama Issues Cliff Talk Invites

Dec. 28, 2012

A deadline looming, President Barack Obama will meet Friday with congressional leaders at the White House in search of a compromise to avoid a year-end "fiscal cliff" of across-the- board tax increases and deep spending cuts.

The development capped a day of growing urgency in which Obama returned early from a Hawaiian vacation while lawmakers snarled across a partisan divide over responsibility for gridlock on key pocketbook issues. Speaker John Boehner called the House back into session for a highly unusual Sunday evening session.

Adding to the woes confronting the middle class was a pending spike of $2 per gallon or more in milk prices if lawmakers failed to pass farm legislation by year's end.

Source: (C) 2012 The Topeka Capital-Journal. All Rights Reserved

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters