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Obama invites congressional leaders to cliff talk

The deadline approaching, President Obama will meet with the U.S. congress leaders at the White House last Friday in the search for a compromise, in order to avoid the end of "comprehensive plate and tax and deep spending fiscal cliff" cut.
With the development of a day of increasing urgency, Obama early return from Hawaii, and the key problem of fund sources on the responsibility, the congress party differences across roar. The so-called the speaker of the house of representatives John boehner back to a highly unusual Sunday evening meeting.
Added to the difficulties faced by the middle class is an open seconds kill every gallon of $2 or more milk prices, if lawmakers failed to pass legislation of agriculture in the end of this year.
Four days before the deadline, the White House controversial reported that Obama congress sends a scaled plan, in order to avoid tax increases and spending cuts fiscal cliff.
Government officials confirmed that, in a simple announcement says President bush will preside over the meeting at the White House Friday meeting ".
The senate republican leader mitch MaiKangNaiEr an aide said, Kentucky Congressman ", is eager to hear the President."
The house of representatives speaker John boehner spokesman said in a statement, Ohio republican will attend the conference, and continue to emphasize, the house of representatives has passed legislation, in order to avoid the whole wealth cliff and senate action must be taken now, ".
Although there is no guarantee that a compromise, republicans and Democrats say privately, and elements of any agreement may include prolong the middle class tax rate reduction in income increase and cancel a plan to cut costs. Due dole is outspread, a death sentence with a reprieve doctors face cut medical insurance gold, may be a short-term measures to prevent the soaring cost of dairy products may also be at the end of the part of the bill, they said.
This will delay the political dispute dispute, cut costs in 2013.
Before the senate leaders said they were still looking for in the last minute agreement. However, whether in the house of representatives or the senate on a bill, in order to avoid tax increases and spending cuts, economists say, can put the economy into a recession, the talks are not any legislation to wait for, and no sign.
Far reconciliation, rhetoric is confrontational, sometimes unusual people.
Senate majority leader Harry Reid (Harry Reid), D - peak, the defendant borna operation of the dictatorship, the reason is that he refused to call for vote on legislation, in order to maintain the stability of the tax, and at the same time let them in the income increase. The bill "will be an overwhelming majority through," reed prediction, Ohio republican won't change his mind, because he is worried that it might cost speaker he was re-elected for a new session of congress, held next week.
Borna seems to be "more concern is to keep his speaker than keep a firm financial foundation on the country," he said, in the senate comments.
A few hours later, MaiKangNaiEr disappointed, and accused Obama and the Democrats confrontation. "Republicans bending backwards, we strengthen the way, out of their comfort zone," he said, refers to the GOP provide some tax payers accept a higher rate.
"We hope that the agreement, but we have deserted. Cell phone never ring, so here we within five days of the New Year, we may finally began to speak," MaiKangNaiEr said.
However, he warned: "the republican party is writing a blank cheque, the Democratic Party put anything, just because we find ourselves in at the edge of the cliff."
Borna spokesman brendan buck, reaction in the same reed's opinion. "Harry Reid should speak little and legislation, if he wants to avoid fiscal cliff. The house of representatives has passed legislation, to do so," he said, "is a measures to expand the existing various income level cuts.
The GOP rankings and telephone conference documents, boehner said, the next action is not the senate action house of representatives passed the bill, to preserve the tax due to replace all kinds of income level and overall spending cuts and its main purpose is in social welfare programs target savings.
"The house will take such action, no matter the senate - but the senate must take action," he said, according to participants in the call.
Boehner said, republican senator, and the house of representatives will be held on Sunday night. Majority leader Eric Campbell Joe said house can in conversation, until January 2,, the day before the new congress sworn in.
The higher the risk of milk prices from the existing agricultural project will in the end of this year the possibility of maturity, and congress is neither room has been booked tickets, even temporarily extend, in order to prevent the peak. Already there are unconfirmed estimates, a gallon of milk consumer cost by the congress of the United States not to take action may be doubled.
President bush overnight flying home from Hawaii, published after the speech, and top congressional leaders.
Before leaving the White House last Friday, President bush has called on congress through the scaled legislation, prevent tax increase in the middle class, income to raise interest rates, and reiterated due dole long-term unemployment. And he said, he still support a more radical measures, including cut costs, reduce the deficit, but said they can wait until the New Year.
This week with the unpredictable, borna turn from comprehensive cut the deficit, and Obama held talks to suspend trying to push legislation through the keep the existing tax level, but more than $1 million, house. Tax revolt republicans have rebelled against $1 million people, in raising interest rates and borna backwards, cancelled plans to vote.
If there is no congressional action, the current tax rate will be in December 31 expires, leading to increased $536 billion tax will run into a ten years, almost all of the people in the United States. In addition, military and other federal departments will have to start absorption about $11 billion to cut spending.
To avoid the "fiscal cliff" does not necessarily mean to increase taxes and spending cuts, will become permanent, because the new congress to pass legislation, cancel the trace, start work next year.
But in the end of this year's deadlock, the marks an extended two years of "divided government", from last month's election, Obama won a new term, and keep the republicans in the house of representatives of the beginning of the most acid.
After he was elected in November, he recovered in specific tax problem has been barack Obama's first test of the muscle.




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