Obama Says Immediate Action Needed On Fiscal Cliff - 47 ABC - Delmarva's Choice

Obama Says Immediate Action Needed On Fiscal Cliff

Posted: Updated:

WASHINGTON (AP) - 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 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 hourlong 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.

 

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ContestsMore>>

  • Skybox Giveaway - August 11

    Skybox Giveaway - August 11

    Win a SkyBox for you and 24 of your closest family and friends!More >>
    Win a SkyBox for you and 24 of your closest family and friends!
    More >>
  • Midway Speedway Giveaway

    Midway Speedway Giveaway

    Thursday, June 26 2014 7:57 AM EDT2014-06-26 11:57:18 GMT
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.