Obama looks to put human touch on cliff talks - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Obama looks to put human touch on cliff talks

Posted:

FALLS CHURCH, Va. (AP) -- President Barack Obama says the approaching "fiscal cliff" is going to add to holiday stress for American families as the end of the year approaches.

Visiting a basement apartment of a family in suburban Virginia, Obama said Americans "are counting on this getting solved." He said he's "optimistic" that there will be an agreement that is good for families and good for the American economy.

He and Congress have until the end of the year to find a way to avert across-the-board spending cuts and tax increases.

Obama is warning that he's willing to let that double whammy take effect if Republicans don't drop their opposition to higher tax rates for the wealthy. He again vowed not to sign any package that doesn't include an increase in the tax rate for the top 2 percent of American earners.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WXOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Theresa Wopat at 507-895-9969. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.