Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Obama will reach ‘fiscal cliff’ deal this weekend

With congressional leaders in the talks did not produce any news "fiscal cliff" agreement, U.S. President barack Obama on Friday night high pressure congress this weekend to reach an agreement, the public patience wearing thin.
"The United States wants to know why it is in the city's some reason, they can't get things done in an organized schedule, why always have to wait until the last minute," barack Obama in the White House press room published said in a statement. "The American people will not have any patience, to our economy in political self-inflicted wound, it's not time yet."
Chairman confirmed that he Friday afternoon's meeting with leaders of congress, the senate majority leader harry Reid and senate minority leader MaiKangNaiEr allocated to reach an agreement, in order to cut the deficit, and avoid the "fiscal cliff" automatic cut costs and increase revenue last year on January 1,.
But without a deal, Obama said he will "urging" reed to "bring on the ground a basic package together - or - down ticket", will increase the family income more than $250000 in tax, prolong unemployment insurance and remove a mothball regulation, the President's support.
But the republican party has refused to add tax, even the most wealthy class.
He said: "if the house of representatives or the senate members to vote 'not', they can," Obama said, his plan. "But, we should let everyone vote. That's it, it should be work."
President bush mentioned Friday's meeting, including house speaker John boehner, house minority leader Nancy pelosi, vice President biden and secretary for the Treasury Tim cover Turner, as "good and constructive" and said he remained "mild optimistic" about congress ability to reach an agreement.
But he accused the United States congress in 11 hours detention.
"The economy is growing, but to maintain this trend will require elected officials to do their work," Obama said.
The White House Friday or congress at present did not provide details on the proposal.
According to the speaker's office reading, start the meeting borna, remembrancer swarm "the house of representatives has taken action to avoid the whole wealth cliff, waiting for the senate action." Program options are discussed and the speaker said, the house of representatives will consider the senate revision, the house of representatives passed legislation.
After the meeting, MaiKangNaiEr said, in the senate, he is "full of hope and optimism" transactions.
"We have a very good meeting at the White House. We are engaged in discussions, majority leader, and the White House to hope, we can come forward, as early as in last Sunday, have a suggestion, I can ask my meeting majority leader can make his conference," MaiKangNaiEr said. "So we will try to see if we can in the next 24 hours."
 



Other News:
Reformist leader says Myanmar needs transformation
Nonprofit tech innovators inspire new philanthropy
Obama will reach ‘fiscal cliff’ deal this weekend
Myanmar aircraft fuselage break in the middle
Shoppers disappoint retailers this holiday season
Photos show NKorea nuclear readiness
Christmas Day storms blamed for 3 deaths
Former President George H.W. Bush remains in intensive care