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Obama, lawmakers head back to work as 'fiscal cliff' nears
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Peter Doocy reports from Washington, D.C.
- Duration 2:22
- Date Dec 26, 2012
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Transcript
This transcript is automatically generated
President Obama is apparently cutting his Hawaiian vacation short heading back to Washington tonight to restart.
Negotiations on the so called fiscal cliff if mr.
-- -- congress cannot agree on a stopgap measure.
Automatic hikes and spending cuts will hit Americans Jan one.
Here it is see is live in Washington -- more on this latest.
Greg the president said on Friday he would see if this week and he thought that maybe if lawmakers went back to their home districts -- for a few days to drink eggnog.
And eat cookies and sing Christmas carols and maybe they'd be more in touch.
With the hardship so many Americans are going to face.
If the fiscal cliff is not avoided.
There's a mismatch right now between.
Our body else is thinking about these problems Democrats -- -- Outside of this down and how folks are operating here and we've just got to.
Get battle line.
The president's wife and daughters are gonna stay in Hawaii to continue vacationing we're told the president may rejoin them.
Or may not at all depends on how negotiations progress in the next few days well you know what Peter there is -- home.
Not -- law between Boehner and President Obama is -- are they gonna meet.
They might Greg the speaker is expected to return to Washington soon but we still don't know all of a specific times -- -- side on his calendar to meet with the president actually.
The last we heard from the speaker he said that since voters in November picked Republicans to control the house.
He's gonna -- route to his party's principles in December in the course of making any kind of a compromise.
The American people reelected President Obama on election but also -- elected -- Republican majority here in the house.
In doing so they give us all mandate.
It was not a mandate to raise taxes on families and small businesses.
It was a man they thrust to work together to begin -- the -- of debt that threatens our country's future.
The house and the senate will both be back in session tomorrow and the president has said.
He expects them to quickly vote to pass legislation to avoid the fiscal -- -- He and the speaker are able to make a deal before it's too late.
Will be holding our breath.
Peter -- tax yeah.
