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Obama to Congress: The Time For Immediate Action on Fiscal Cliff is Now

elko-mike Wrote: Dec 28, 2012 8:29 PM
What a jerk. He also said it was time for elected officials to do their jobs, just like every American. By law the Senate is supposed to pass a budget every year, and so Reid and his minions haven't been doing their jobs for four years. And Obama just noticed it now?

So how did the last-ditch fiscal cliff meeting go this afternoon? Not great. President Obama again put forth the scaled-back version of the proposal he pitched last week.

A source familiar with the meeting told CNBC that Obama was not making a new offer; just laying out what he thinks can pass the House and Senate. That includes keeping the tax cut for those making up to $250,000 and an extension of unemployment insurance for 2 million people. He will then ask the participants what they are willing to support, and if they don't have a counterproposal that...