Share “News Summary: Obama may risk going over...”

News Summary: Obama may risk going over 'cliff'

Published on NewsOK Modified: December 5, 2012 at 3:30 pm •  Published: December 5, 2012
Advertisement

JUST A BLUFF?: It may be just a bluff, but the White House is signaling that President Barack Obama may let the country go over the "fiscal cliff," a hard-line negotiating strategy aimed at winning concessions from Republicans on taxes.

FALL GUYS: If Washington really does fail to avert the looming series of tax hikes and spending cuts, the White House will portray Republicans as the culprits for insisting on protecting tax cuts for the wealthy.

OUT ON A LIMB: Going over the cliff also would be risky for a president facing at least two more years of divided government.


AROUND THE WEB

  1. 1
    Amazon Is Developing a Galaxy Quest TV Show
  2. 2
    'Les Miserables' actor Kyle Jean-Baptiste dies after fall - CNN.com
  3. 3
    VICE: It's Time to Accept Video Games As Art
  4. 4
    What if your boss paid you to have life experiences for 3 months?
  5. 5
    Study: Sometimes the 'irrational' choice is the best one
+ show more

FEATURED JOBS



× Trending business Article