2012-12-29 09:43:09

Obama,Congress continue "fiscal cliff" negotiations


(Vatican Radio) United States President Barack Obama says he has had a constructive meeting on Friday with Congressional leaders over budget negotiations. The White House talks have not reached a deal averting the so-called “fiscal cliff”, the automatic tax rises and spending cuts scheduled to start on January 1st.
``I'm optimistic we may still be able to reach an agreement that can pass both houses in time,'' Obama said, adding the American public is ``not going to have any patience for a politically self-inflicted wound to our economy. Not right now.''

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