WASHINGTON — President Barack Obama and congressional leaders will discuss the looming fiscal cliff impasse Friday at the White House, aiming for a last-minute deal to stave off automatic tax increases and spending cuts.
The 3 p.m. meeting — which will include Obama, Vice President Joe Biden, House Speaker John Boeher, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell — will come days before the deadline to reach a deal, and after another day of Republicans and Democrats blaming each other for the stalemate.
Rick Chambers reports on how what happens in Washington could impact those living in Southern California.
Lawmakers are trying to negotiate a last-minute deal aimed at heading off a year-end combination of spending cuts and tax increases that could trigger a new recession.
1 Comment to “Fiscal Cliff: How it Could Impact Southern California”
December 27, 2012 at 10:57 PM
Scary!someone fix this scrappy site diehard to post with the screen rolling like a slotmachine.