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VOL. 127 | NO. 244 | Friday, December 14, 2012

Obama: Fiscal Cliff Deal is 'Work in Progress'

AP

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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 125 460 19,282
MORTGAGES 156 638 24,832
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 222 899 41,501
BANKRUPTCIES 53 285 14,407
BUSINESS LICENSES 15 92 5,912
UTILITY CONNECTIONS 55 294 22,096
MARRIAGE LICENSES 10 75 5,137

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