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Obama returning to D.C. for fiscal cliff

Posted By -NO AUTHOR- On 12/26/2012 @ 12:13 am In Money,Politics,U.S. | No Comments

(CNN) — President Barack Obama is ending his Hawaiian vacation Wednesday to make a late-hour bid to reach a fiscal-cliff deal before the year ends.

He will leave Honolulu Wednesday night and should be back in Washington on Thursday, the White House said. First lady Michelle Obama and their daughters will remain in Hawaii.

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.


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