Saturday, December 22, 2012

Obama Rejects John Boehner's Proposal For Fiscal Cliff


John Boehner and Barack Obama

U.S. President Barack Obama has rejected the fiscal cliff proposal by leading Republican, John Boehner, with threats of a veto. Support for the proposal has not been strong enough for members of Congress to successfully vote and end the impasse. This is a real letdown at Christmas, as many hoped the issue would be resolved for the holidays.