Saturday, December 29, 2012

Voice of America: Obama Urges Congress to Avoid Fiscal Cliff

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 Urges Congress to Avoid Fiscal Cliff
Dec 29th 2012, 13:32

U.S. President Barack Obama has called on Congress to meet the January 1 deadline to avert a looming set of tax hikes and spending cuts - the so-called fiscal cliff - that threaten to plunge the U.S. economy back into recession. Obama, in his weekly Saturday address, said he has been working with Democrats and Republicans on a plan that would cut spending in a responsible way and asks the wealthiest Americans to pay "a little more."  But,  Obama said some congressional ...

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