Fiscal cliff: Obama returns as pressure mounts on Republicans to act
President Obama
is on his way back to Washington DC, cutting short his Christmas
holiday in Hawaii in an attempt to restart negotiations with Republicans
in Congress over a deal to head off the fiscal cliff combination of tax
rises and slashing budget cuts.
The White House says that the
president called all four party leaders in Congress en route from
Honolulu, including the key figure of Speaker of the House John Boehner.
As Obama was reaching out, the Democratic party leader in the Senate, Harry Reid,
was issuing a blistering attack on Boehner and the House Republicans
from the floor of the Senate this morning, predicting that time had run
out to agree a deal. A dyspeptic Reid accused Boehner of operating a
"dictatorship" in the House for not allowing a vote on a bill passed by
the Senate extending the Bush-era rates to those earning less than
$250,000 a year.
President Obama spoke to all four Congressional leaders yesterday before departing for Washington, DC
— Lutaya Shafiq Holmes (@LutayaShafiq) December 28, 2012
Meanwhile,
the House Republicans – still on holiday – held a conference call with
their leaders, including Boehner. But Boehner's position appears to
remain that the president and the Democrats in Congress are now
responsible for coming up with a plan.
But with only five days remaining until the cliff is reached in 2013, the odds are against a deal. President
Obama boards Air Force One at Honolulu Joint Base Pearl Harbor-Hickam
to return to Washington. Photograph: Gerald Herbert/AP
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