Thursday, December 27, 2012

Voice of America: Obama Returning to Washington to Seek Fiscal Cliff Deal

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Obama Returning to Washington to Seek Fiscal Cliff Deal
Dec 27th 2012, 12:38

U.S. President Barack Obama returns to Washington Thursday to begin a one last effort to reach a deal with Congress to prevent automatic tax hikes and spending cuts from taking effect next week. Obama departed Hawaii late Wednesday night, cutting short his Christmas holiday vacation as the country moves closer to the so-called "fiscal cliff" on New Year's Day.  Many economists fear the combination of $500 billion in tax increases and spending cuts could push the fragile ...

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