Fiscal Cliff and Tax Cuts
President Obama urged Congress to extend middle class tax cuts associated with the “fiscal cliff.” He said he believed that… read more
President Obama urged Congress to extend middle class tax cuts associated with the “fiscal cliff.” He said he believed that members of both parties could agree to a compromise on deficit reduction before Christmas.
“Fiscal cliff” referred to impending tax increases and budget cuts at the end of 2012 if Congress failed to reach a new budget agreement. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Obama, Barack U.S. President [D] United States
More Videos From
President Obama on Fiscal Cliff Negotiations
Speaking to a group of “middle class” Americans, President Obama spoke about negotiations to avert…
President Obama Statement on Sequestration
President Obama urged Congress to take action to avoid the automatic budget cuts scheduled to happen on March 1. Joined…
President Obama on Debt and Deficit Reduction Negotiations
President Obama spoke to reporters before meeting with congressional leaders about the “fiscal cliff,”…
President Obama on the Economy and the Deficit
President Obama made a statement about the “fiscal cliff,” the impending tax increases and budget cuts at…