» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 244 | Friday, December 14, 2012

Obama: Fiscal Cliff Deal is 'Work in Progress'

AP

Print | Front Page | Email this story | Comments ()

WASHINGTON (AP) – President Barack Obama says a fiscal cliff deal is "still a work in progress" as an end of the year deadline rapidly approaches.

Obama made his assessment in a response to questions from reporters as he walked from the White House to a staff holiday party being held across the street. Asked about House Speaker John Boehner's assertion that he was waiting to hear more from the president, Obama said only, "Merry Christmas."

The president has stayed largely quiet this week as the White House and Boehner seek a way to avert a flurry of year-end tax increases and spending cuts. The two sides are stuck on whether to raise tax rates on the top 2 percent of income earners, a position the president supports and Boehner opposes.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 56 212 11,977
MORTGAGES 68 295 15,645
FORECLOSURE NOTICES 23 80 3,103
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 81 291 11,598
BUSINESS LICENSES 29 102 4,257
UTILITY CONNECTIONS 89 428 17,611
MARRIAGE LICENSES 20 81 3,645

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.