Light Rain
69°
Morris, IL
Light Rain|Forecast »

Obama, Boehner talk ‘fiscal cliff’ at White House

Text Size: AaAaAaAaAa

(Continued from Page 1)

If no agreement is reached, virtually all the tax cuts passed under the George W. Bush administration would expire on Dec. 31, resulting in a $2,200 tax increase for an average family of four next year.

Economists warn that those broad tax increases, along with across-the-board deep spending cuts for virtually every government program and department, could cause the economy to contract sharply and send the nation into another recession.

Congress is expected to resume Monday, and Republicans who control the House have changed their calendar to remain in session an additional week before the holidays as both sides try to craft a deal.

House Minority Leader Nancy Pelosi, D-Calif., joined Obama at the White House for a one-on-one talk Friday that lasted 40 minutes. An aide to the Democratic leader characterized it as a “good meeting.”

Obama has also been in regular telephone contact with Senate Majority Leader Harry Reid, D-Nev., who would be instrumental in any deal with the Democratic-controlled Senate.

Republicans have sought to shift blame for the standoff onto the White House, complaining that the president is spending more time campaigning than negotiating.

“Ask the president to come off the campaign trail,” Rep. Kevin McCarthy, R-Calif., the majority whip, said on “Meet the Press” Sunday. “Tomorrow he’s going to Detroit. It’s now time to govern. The election is over.”

But Democrats insist Republicans have little choice but to compromise with the White House, or risk raising taxes on ordinary Americans.

“The American people spoke on this issue in the election,” said Sen. Richard J. Durbin of Illinois, the No. 2 Democrat, on “Meet the Press.” “I’d say to Speaker Boehner and Congressman McCarthy, listen to what the American people said in the election; listen to the fact that two out of three Americans believe that the wealthiest should pay a little more; and listen to your own caucus.”

||2|Next Page

Comments


Reader Poll

Were you impacted by last week's flooding?

Yes, but only inconvenienced by closed streets
Yes, water got close, but everything worked out OK
Yes, I had to evacuate my home or workplace
Yes, my house sustained extensive damage
No, I managed to avoid it all