President Barack Obama to cut short vacation to deal with fiscal crisis

Source: TOI

President  Barack Obama to cut short vacation to deal with fiscal crisis
President Barack Obama will be back in Washington on Thursday to deal with fiscal cliff negotiations.

HONOLULU: President Barack Obama is cutting short his Hawaiian holiday to leave for Washington on Wednesday to address the unfinished “fiscal cliff” negotiations with Congress, the White House said on Tuesday. As the clock ticks toward a January 1 deadline, efforts to avert a sharp rise in taxes and deep spending cuts have stalled, worrying world financial markets. Obama and congressional lawmakers left Washington on Friday for the Christmas holidays with talks to avert the fiscal disaster in limbo.

More:

Leave a Reply