News

December 28, 2012

Cliff Notes: Five things to watch at today’s White House meeting

House and Senate leaders from both parties will make their way to the White House this afternoon at President Barack Obama’s request for a last-ditch effort to reach an agreement to avoid the impending fiscal cliff.

The parties will enter the meeting seeming as far apart as ever on an agreement to avert the combination of automatic tax hikes and spending cuts set to take effect on Jan. 1. Republicans, led by House Speaker John Boehner, R-Ohio, say they have acted – by passing an extension of all of the expiring Bush tax cuts, an unpalatable proposition to Democrats – and now it’s the Senate’s turn.'

Read the Full Story Here: NBC