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Obama says immediate action needed 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...

President Barack Obama says "the hour for immediate action is here" on a deal to avert the "fiscal cliff."
The president says he remains "optimistic" that an agreement can be reached in Congress before a looming year-end deadline to avoid automatic tax increases and spending cuts.
If Congress can't reach a deal, the president says Congress should allow a vote on a basic package that would preserve tax cuts for middle-class Americans while extending unemployment benefits for the long-term jobless and working toward a foundation for a broader deal.
The president says an hour-long meeting Friday with congressional leaders was "good and constructive."
Senate leaders say they hope to reach a compromise that could be presented to lawmakers by Sunday, little more than 24 hours before the deadline.


Updated : 2021-04-15 23:21 GMT+08:00