WASHINGTON (Reuters) – President Barack Obama is scheduled to make a statement to the media at 5:45 p.m. ET, the White House said on Friday. The statement follows a meeting with congressional leaders on avoiding fiscal cliff tax increases and spending cuts.
The president and lawmakers are working ahead of a January 1 deadline to come up with a compromise to prevent a fiscal shock that economists warn could slow fragile economic growth.
(Reporting By Mark Felsenthal)
Economy News Headlines – Yahoo! News
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Obama to make statement at 5:45 p.m.: White House
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