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U.S. House of Representatives convened Sunday
The U.S. House of Representatives will consult on Sunday in the fiscal cliff, the series of tax increases and spending cuts on 1 January automatically at risk. Sources that have the Republicans said Thursday. The intention was in a conference call to the party announced.
Not only the Congress came back early from recess, the U.S. President Barack Obama came back early from his vacation in Hawaii. He arrived on Thursday in Washington.
For his holiday talked Obama already leader of the Democrats in the Senate Harry Reid, Speaker of the House of Representatives John Boehner, the leader of the Republicans in the Senate Mitch McConnell and the leader of the Democrats in the House of Representatives Nancy Pelosi.
The fear is that before January 1, no agreement is concluded between the Democrats and the Republicans, making the series of tax increases and spending cuts will automatically take effect. The fiscal cliff could lead to a new recession. With four days to go, it seems unlikely that the parties to an agreement know.
Reid said Thursday that the lack of progress in the talks, indicating that the U.S. fiscal abyss will collapse. He criticized Boehner, who according to him, no member of the House of Representatives was called back from vacation with a plan to come for a swim in the fiscal cliff to avoid. '
They are not, "concluded Reid. The spokesman for Boehner riposteerde by saying that Reid should be less talk and more laws would have to make the fiscal cliff to avoid. "
The financial markets reacted negatively to the uncertainty surrounding the fiscal cliff. There was a further decline in U.S. consumer confidence. For the fourth consecutive day the stock markets recorded losses whatsoever.
The U.S. House of Representatives will consult on Sunday in the fiscal cliff, the series of tax increases and spending cuts on 1 January automatically at risk. Sources that have the Republicans said Thursday. The intention was in a conference call to the party announced.
Not only the Congress came back early from recess, the U.S. President Barack Obama came back early from his vacation in Hawaii. He arrived on Thursday in Washington.
For his holiday talked Obama already leader of the Democrats in the Senate Harry Reid, Speaker of the House of Representatives John Boehner, the leader of the Republicans in the Senate Mitch McConnell and the leader of the Democrats in the House of Representatives Nancy Pelosi.
The fear is that before January 1, no agreement is concluded between the Democrats and the Republicans, making the series of tax increases and spending cuts will automatically take effect. The fiscal cliff could lead to a new recession. With four days to go, it seems unlikely that the parties to an agreement know.
Democrats and Republicans together with pointing finger
Reid said Thursday that the lack of progress in the talks, indicating that the U.S. fiscal abyss will collapse. He criticized Boehner, who according to him, no member of the House of Representatives was called back from vacation with a plan to come for a swim in the fiscal cliff to avoid. '
They are not, "concluded Reid. The spokesman for Boehner riposteerde by saying that Reid should be less talk and more laws would have to make the fiscal cliff to avoid. "
The financial markets reacted negatively to the uncertainty surrounding the fiscal cliff. There was a further decline in U.S. consumer confidence. For the fourth consecutive day the stock markets recorded losses whatsoever.
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