UPDATE: President Obama Speaks on Fiscal Cliff - Northern Michigan's News Leader

UPDATE: President Obama Speaks on Fiscal Cliff

Posted: Updated:

President Obama spoke about his meeting with congressional leaders on the fiscal cliff.

President Obama met Friday with House Speaker John Boehner, Senate Republican leader Mitch McConnell, Senate Majority Leader Harry Reid and House Democratic leader Nancy Pelosi.

President Obama said he felt like they had a good and constructive meeting today where they believe they have met the December 30th deadline on coming up with a plan.

They have not voted on an agreement but will lay some ground work out and he said the fiscal cliff can still be reached.

The fiscal cliff is a combination of automatic tax hikes and deep spending cuts due to take effect at the start of the new year.

Stay with 9&10 News on the air and on the web for the latest updates.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Drug Teams Arrest Two on Drug Charges in Missaukee County

    Drug Teams Arrest Two on Drug Charges in Missaukee County

    Friday, August 29 2014 5:17 PM EDT2014-08-29 21:17:27 GMT
    Investigators found a 4-year-old child living in a Missaukee County home where they suspect meth was being made.
    Investigators found a 4-year-old child living in a Missaukee County home where they suspect meth was being made.
  • Amazing Northern Michigan Homes: Empire Peninsula Home

    Amazing Northern Michigan Homes: Empire Peninsula Home

    Thursday, August 28 2014 5:00 PM EDT2014-08-28 21:00:24 GMT
    If you're looking for a home that brings you back to nature, this is it. This custom designed home has 360 degree water views, nearly every window looks out directly into beautiful, spring-fed Pearl Lake in Empire.
    If you're looking for a home that brings you back to nature, this is it. This custom designed home has 360 degree water views, nearly every window looks out directly into beautiful, spring-fed Pearl Lake in Empire.
  • No Swimming Advised at Benzie County Beach

    No Swimming Advised at Benzie County Beach

    Thursday, August 28 2014 1:00 PM EDT2014-08-28 17:00:46 GMT
    The Benzie-Leelanau District Health Department says beach goers should not swim at Beulah Beach on Crystal Lake.
    The Benzie-Leelanau District Health Department says beach goers should not swim at Beulah Beach on Crystal Lake.