Share “Gov. Mary Fallin talks fiscal cliff with...”

Gov. Mary Fallin talks fiscal cliff with Obama, congressional leaders

Fallin says states need more flexibility to deal with federal mandates if funds are cut as part of deficit-reduction deal
by Chris Casteel Published: December 4, 2012

Markell also said a long-term deal would be better than a “three-month fix.”

Utah Gov. Gary Herbert said his state's budget could lose as much as $500 million.

States are willing to do more with less, he said, if some strings are removed.

White House press secretary Jay Carney said the session “was a good, solid meeting discussing the fiscal cliff … the shared concerns of governors that we address our fiscal challenges in a way that ensures that the economy continues to grow and create jobs.”

After meeting with the congressional leaders, Fallin said there was still “a lot of political divide between the two political parties in the House and Senate leadership about the answers to solving our challenging fiscal crisis.”

House Republicans made a proposal on Monday that would allow for $800 billion in new tax revenue over 10 years by closing loopholes and reducing deductions for upper-income taxpayers; the GOP proposal would also make cuts to Medicare and Social Security and other federal spending.

Obama has insisted that a deal include higher income tax rates on families with incomes above $250,000.

by Chris Casteel
Washington Bureau
Chris Casteel began working for The Oklahoman's Norman bureau in 1982 while a student at the University of Oklahoma. After covering the police beat, federal courts and the state Legislature in Oklahoma City, he moved to Washington in 1990, where...
+ show more


Trending Now


AROUND THE WEB

  1. 1
    Twelve Weeks To A Six-Figure Job
  2. 2
    New York Pain Clinic Doctor Is Sentenced in Overdose Deaths of 2 Patients
  3. 3
    Time Lapse: Amsterdam Light Festival
  4. 4
    Baby Jesus gets GPS
  5. 5
    NORAD's Santa Tracker Began With A Typo And A Good Sport
+ show more