» 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 This material may not be published, broadcast, rewritten or redistributed.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 News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 82 82 6,187
MORTGAGES 74 74 7,376
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 177 177 13,486
BANKRUPTCIES 55 55 4,629
BUSINESS LICENSES 34 34 2,374
UTILITY CONNECTIONS 71 71 4,967
MARRIAGE LICENSES 34 34 1,494

Weekly Edition

Issues | About

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