President Barack Obama called a dramatic late meeting today with Washington leaders in an attempt to avoid the so-called “fiscal cliff”.
The invited guests at the meeting included Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, Speaker of the House John Boehner, Minority Leader Nancy Pelosi and Vice President Joe Biden.
Obama emerged from the meeting and announced, “I am optimistic we may get a deal done in time.”
The President further said, “Harry Reid and Mitch McConnell are now working on a deal to present to the Senate.”
Obama also said, “We had good and constructive talks.”
He said one of his goals was to avoid the dreaded middle class tax hike which would affect millions of Americans.
The other attendees who were at the meeting left the White House without making any comments on camera immediately after the climactic meeting.
The president said that if Reid and McConnell were unable to reach an agreement, he will request the Senate and the House both to vote on his plan straight up or down by Monday, Dec. 31.
The stock market has plunged steadily since it looked like the nation would fall off the “fiscal cliff.”
When Boehner announced the House will be back in session Sunday, the stock market took that as a positive sign and went back up.
The President said he wanted to make sure that in the next four days taxes will not go up on millions of Americans making less than $250,000 a year.
Obama remarked that everyday normal families meet and solve their financial problems. There is no reason the Senate and House can’t do the same.
Minutes before the meeting, conservative author Ann Coulter said, “I think the Republicans should agree to let the Democrats pass anything they want. Then, in the next election they can blame it all on the Democrats.”
Wichita Falls, Texas attorney Robert Rafuse today disagreed with Coulter.
“Oh, sure. just let the country fail so an election can be won. I am in favor of term limits. That way all these elected officials won’t be so scared to vote what’s in the best interests of the country. They won’t be working all the time to get re-elected. I’m in favor of that for all the elected offices from President on down the line,” said Rafuse.
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