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Barack Obama ‘eager’ to fall off fiscal cliff, says senior Republican senator

Posted By admin On December 24, 2012 @ 6:46 am In Money Watch | Comments Disabled

Matt Williams
London Guardian [1]
December 24, 2012

President Barack Obama has been accused by a senior Republican of being eager to take the US over the fiscal cliff for political gain, as Washington edges closer to a year-end deadline with no deal in sight.

Speaking on Fox News Sunday, Senator John Barrasso, the third-highest ranking senator in the GOP, suggested that the president “sensed victory at the bottom of the cliff”.

Earlier, Obama called on Congress to “cool off” over the holiday break, amid rising rhetoric on both sides. On Friday, the White House raised the prospect of settling for a stopgap measure to avert the punitive tax rises and swingeing spending cuts which are due to come in effect on 1 January. The president had previously pushed for a grand compromise to avoid the so-called fiscal cliff.

But with just nine days to go until the year-end deadline, Democrats andRepublicans are seemingly still some way off from any agreement, be it to a comprehensive deal or short-term measures.

Full article here [1]


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URLs in this post:

[1] London Guardian: http://www.guardian.co.uk/world/2012/dec/23/barack-obama-fiscal-cliff-republican-john-barrasso

[2] Obama, Boehner close gap on fiscal cliff deal, eye trillion-dollar tax hike: http://www.prisonplanet.com/obama-boehner-close-gap-on-fiscal-cliff-deal-eye-trillion-dollar-tax-hike.html

[3] Fiscal Cliff Deal: $1 In Spending Cuts For Every $41 In Tax Increases: http://www.prisonplanet.com/fiscal-cliff-deal-1-in-spending-cuts-for-every-41-in-tax-increases.html

[4] Paul, Lee, Rubio Vote No on ‘Fiscal Cliff’ Deal that Hikes Taxes, Puts Off Spending Cuts: http://www.prisonplanet.com/paul-lee-rubio-vote-no-on-fiscal-cliff-deal-that-hikes-taxes-puts-off-spending-cuts.html

[5] Fiscal cliff deal could elude Congress: http://www.prisonplanet.com/fiscal-cliff-deal-could-elude-congress.html

[6] Michael Moore to Obama: ‘Drive the Rich Right Off Their Fiscal Cliff’: http://www.prisonplanet.com/michael-moore-to-obama-%e2%80%98drive-the-rich-right-off-their-fiscal-cliff.html

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