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Obama, Congress Leaders Meet To Avert "fiscal Cliff"


Ron Burgundy
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2012-11-16T203720Z_2_CBRE8AF17SL00_RTROPTP_2_CNEWS-US-USA-FISCAL.JPGWASHINGTON (Reuters) - Congressional leaders emerged from a meeting with President Barack Obama on Friday vowing to find common ground on taxes and spending that would allow them to head off a looming "fiscal cliff" that could push the economy back into recession. Democrats said they recognized the need to curb spending and Republicans said they had agreed to put "revenue on the table" as the two sides enter what are likely to be weeks of tense negotiations ahead of a December 31 deadline. ...

 

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