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Obama to make a statement on fiscal cliff

 President Barack Obama waves to reporters as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Washington, Thu...
 President Barack Obama walks down the the lower steps instead of the usual longer stairway from Air Force One upon his arrival at Andrews Air Force B...
 President Barack Obama walks past a Marine honor guard as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Wa...
 President Barack Obama walks down the the lower steps instead of the usual longer stairway from Air Force One upon his arrival at Andrews Air Force B...
 President Barack Obama returns a Marine honor guard's salute as he steps off the Marine One helicopter and walks on the South Lawn at the White House...

Obama

President Barack Obama waves to reporters as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Washington, Thu...

Obama

President Barack Obama walks down the the lower steps instead of the usual longer stairway from Air Force One upon his arrival at Andrews Air Force B...

Obama

President Barack Obama walks past a Marine honor guard as he steps off the Marine One helicopter and walks on the South Lawn at the White House in Wa...

Obama

President Barack Obama walks down the the lower steps instead of the usual longer stairway from Air Force One upon his arrival at Andrews Air Force B...

Obama

President Barack Obama returns a Marine honor guard's salute as he steps off the Marine One helicopter and walks on the South Lawn at the White House...

The White House says President Barack Obama plans to make a statement following a high-stakes meeting with congressional leaders on the fiscal cliff.
Obama met Friday for about an hour with House of Representatives Speaker John Boehner, Senate Republican leader Mitch McConnell, Senate Majority Leader Harry Reid and House Democratic leader Nancy Pelosi.
Both sides are trying to prevent a toxic blend of middle-class tax increases and spending cuts from taking effect at the turn of the new year.
The White House is trying to build support for a proposal it presented a week ago, when Obama urged lawmakers to preserve tax cuts for most Americans while letting rates rise on incomes above $250,000 a year. At the same time, Obama wants lawmakers to extend unemployment benefits for the long-term jobless.


Updated : 2021-07-28 08:48 GMT+08:00