Obama On Cliff Talks: “Good And Constructive Discussion”
“Senators Reid and McConnell are discussing a potential agreement,” said the president, “but given the way things are working in the town, we have to wait and see” exactly what is going to happen.
The “bare minimum” to be accomplished before the first of the year would involve keeping tax rates the same for those under $250,000 a year and extend unemployment insurance, and holding off the deeper cuts until a broader agreement can be reached.
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