Policymakers prep final push to avert "fiscal cliff"

12/26/2012 | Reuters · Politico (Washington, D.C.) · Bloomberg · Hill, The

With President Barack Obama and members of the Senate headed back to Washington, D.C., political leaders are preparing to make a final attempt at averting the "fiscal cliff" that economists have said could return the U.S. into a recession. In a sign that there may be a way to break the standoff, House Speaker John Boehner, R-Ohio, urged the Senate, where Democrats hold the majority, to offer a proposal that could restart movement toward a budget compromise.

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Reuters · Politico (Washington, D.C.) · Bloomberg · Hill, The

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