Obama defends deficit approach and hints at compromise
Obama says Americans back his deficit plan and vows to veto tax cuts for households earning 250000 or more. He invites leaders to White House talks on avoiding the fiscal cliff with possible spending cuts and tax reform as Boehner pushes entitlement measures and Medicare, Medicaid, and food stamps reductions.
MENTIONED IN THIS ARTICLE
Obama
White House
Capitol
House
John Bolehner
Jay Carney
Congressional Budget Office
Washington
George W. Bush
Boehner
Oil climbs as fiscal cliff talks resume amid improving mood
Oil rose 98 cents to 86.07 a barrel as lawmakers resume post election talks on avoiding tax increases and automatic spending cuts. Obama invited congressional leaders to the White House to negotiate a deficit plan while consumer sentiment rose and gas prices fell to 3.436 a gallon.
MENTIONED IN THIS ARTICLE
New York
Barack Obama
Thomson Reuters
University of Michigan
U.S
AAA
Wright Express
Oil Price Information Service
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John Boehner
Ohio
Congress
Washington, D.C
Center For African American History
America
Bremer Eka Ed
Reese
Second Baptist Church
Hampton Street NW
Aiken
Laurens St. NW
Aiken and Aiken
Dave Reiser
Idary
South Aikien Presbyterian Church
Whiskey Road
South Boundary
Jefferson Davis Hwy
Warrenville
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