Thursday 27 December 2012

Washington stirs for "fiscal cliff" talks as Obama heads home


Washington stirs for "fiscal cliff" talks as Obama heads home

WASHINGTON/HONOLULU (Reuters) - The United States on Wednesday edged closer to the "fiscal cliff" as Congress waited forPresident Barack Obama to return from vacation in Hawaii and make one final attempt to avoid huge tax hikes and spending cuts in the New Year.

In the absence of Obama, there was no sign of either side in Congress making an effort to strike a deal. The corridors of the Capitol building were empty except for an occasional police officer, and members' office doors stayed locked.U.S. President Barack Obama and first lady Michelle Obama visit military personnel and their families as they walk into Anderson Hall base chow hall at the Marine Corps Base Hawaii in Kaneohe Bay, Hawaii December 25, 2012. REUTERS/Larry Downing

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