Obama to end holiday early as 'fiscal cliff'looms
Updated: 2012-12-26 14:43
(Xinhua)
|
||||||||
WASHINGTON - US President Barack Obama plans an early return to Washington, leaving his family in Hawaii for rest of the holiday vacation, the White House said.
The president will leave for Washington on Wednesday evening, as the Congress is back to work on Thursday for "fiscal cliff" debate. Obama's Christmas holiday usually stretches into the new year.
Obama and congressional lawmakers left Washington last Friday for the Christmas holidays.
Pressure now is growing on Senate Democrats after a backup legislation crafted by Speaker John Boehner stalled last Thursday in the House of Representatives due to insufficient support even from his own party.
If a deal is not reached before the year's end, some $600 billion in tax hikes and spending cuts are set to begin next month. The massive fiscal contraction could throw the US economy back into recession.
Relief reaches isolated village
Rainfall poses new threats to quake-hit region
Funerals begin for Boston bombing victims
Quake takeaway from China's Air Force
Obama celebrates young inventors at science fair
Earth Day marked around the world
Volunteer team helping students find sense of normalcy
Ethnic groups quick to join rescue efforts
Most Viewed
Editor's Picks
|
|
|
|
|
|
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
|
|














