News Alert: President Obama to speak about 'fiscal cliff' at 1:30 ET as negotiators edge closer to deal

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Breaking News from The Washington Post
President Obama to speak about 'fiscal cliff' at 1:30 ET as negotiators edge closer to deal
The Washington Post Monday, December 31, 2012 1:05:39 PM

National News Alert

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President Obama to speak about 'fiscal cliff' at 1:30 ET as negotiators edge closer to deal

President Obama will deliver remarks on the 'fiscal cliff' talks Monday at 1:30 p.m. E.T., as negotiators for the administration and Senate Minority Leader Mitch McConnell (R-Ky.) appeared to have nailed down many of the most critical tax issues, including a plan to let taxes rise on income over $450,000 a year for couples and $400,000 a year for individuals, according to people in both parties familiar with the talks.

Watch Obama's remarks live here at 1:30 ET.

Read more at:
http://www.washingtonpost.com/business/fiscal-cliff/biden-mcconnell-continue-cliff-talks-as-clock-winds-down/2012/12/31/66c044e2-534d-11e2-8b9e-dd8773594efc_story.html







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