Barack Obama met House of Representatives speaker John Boehner to discuss the fiscal cliff
The so-called fiscal cliff refers to a combination of severe tax increases and spending cuts due to kick in automatically in January if the president and Congress don’t find a compromise plan to cut the deficit first.
President Barack Obama and House of Representatives speaker John Boehner met Sunday to discuss the so-called impending fiscal cliff of steep tax hikes and spending cuts.
No details of the talks were given, but a statement from Boehner’s office said “the lines of communication remain open.”
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