Source: USA Today
For President Obama, it’s another day of focus on the “fiscal cliff.”
Selling his plan to reduce the federal debt in part by raising taxes on the wealthy, Obama meets Wednesday with selected members of the middle class and the business community.
Obama will speak during the event with middle class Americans, some of whom responded to an e-mail solicitation from the White House on the looming “fiscal cliff” — a package of tax hikes and budget cuts that kick in if the White House and Congress can’t strike a deal to reduce a federal debt that now tops $16 trillion.
Later Wednesday, Obama and Vice President Biden meet with business leaders to “discuss the actions we need to take to keep our economy growing and find a balanced approach to reduce our deficit.”
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