Reports indicate President Obama will leave Hawaii and return to Washington, perhaps as early as tonight, to “deal with” the looming “Fiscal Cliff” that he has known about for over a year and done nothing substantive about:
CNN: President Barack Obama might end his Hawaiian vacation Wednesday to make a late-hour bid to reach a fiscal cliff deal before the year ends.
“We are likely to leave as soon as tomorrow,” a White House official said Tuesday.
House and Senate members are expected to reconvene Thursday.
Obama and Republicans have been at loggerheads over how to prevent automatic tax increases for everyone and deep spending cuts that will be triggered in the new year without an agreement.
With neither side showing any sign of blinking, the battlefield will probably shift to the Senate this week after GOP disarray in the House stymied any progress before Christmas.
According to multiple Democratic and Republican sources, no weekend conversations occurred between the White House and Senate leaders from either party or their aides. . . . Read More