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 United States
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