"I still want to get this done"

Obama's statement on the fiscal cliff


Alex Halperin
December 29, 2012 4:08AM (UTC)

After a frantic day of speculation without apparent progress, President Barack Obama made a statement about the fiscal cliff, the combination of tax hikes and spending cuts that takes hold at the end of the year.

Amid a spate of Washington bashing, the president said Senate leaders Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.) are working on a bipartisan deal to pass the Senate. If the Senators cannot accomplish this, the president said he has asked Reid to push for an up or down vote on a bill that would not raise taxes on middle-class families and would extend unemployment benefits.

Advertisement:


Alex Halperin

Alex Halperin is news editor at Salon. You can follow him on Twitter @alexhalperin.

MORE FROM Alex HalperinFOLLOW alexhalperinLIKE Alex Halperin

Related Topics ------------------------------------------

Congress Fiscal Cliff John Boehner President Barack Obama U.s. Economy Video

BROWSE SALON.COM
COMPLETELY AD FREE,
FOR THE NEXT HOUR

Read Now, Pay Later - no upfront
registration for 1-Hour Access

Click Here
7-Day Access and Monthly
Subscriptions also available
No tracking or personal data collection
beyond name and email address

•••






Fearless journalism
in your inbox every day

Sign up for our free newsletter

• • •