Obama Applying Pressure in Face of Fiscal Cliff
By: Big 2 News Staff
Updated: November 28, 2012
President Obama met Tuesday with small business owners.
It's the first in a series of events this week intended to highlight his push for raising taxes on the wealthiest two percent of Americans, while maintaining current rates for everyone else.
Wednesday, the president will meet with the chief executives of major corporations.
He's putting pressure on congressional Republicans to compromise to avoid the so-called fiscal cliff.
Failure to reach a deal means tax increases and deep spending cuts take effect in five weeks.
It's the first in a series of events this week intended to highlight his push for raising taxes on the wealthiest two percent of Americans, while maintaining current rates for everyone else.
Wednesday, the president will meet with the chief executives of major corporations.
He's putting pressure on congressional Republicans to compromise to avoid the so-called fiscal cliff.
Failure to reach a deal means tax increases and deep spending cuts take effect in five weeks.
