November 26, 2012
With the fiscal cliff steadily approaching, President Obama could hit the road this week in an attempt at garnering public support for increasing tax rates on the wealthiest Americans, The Wall Street Journal reports.
Obama and congressional leaders are unlikely to meet this week, as their staffs are still ironing out policy differences, The Journal reported.
In order to bridge the gap between the two parties, the White House has tapped Treasury Secretary Tim Geithner to lead the negotiations, The Journal reported. During the 2011 debt ceiling negotiations, then-White House budget chief and now-Chief of Staff Jacob Lew led negations. However, Lew clashed with Republican leaders over certain entitlement programs, like Medicaid, The Journal reported.
This article was posted: Monday, November 26, 2012 at 1:02 pm