President Obama On Fiscal Cliff: Congress, I Warned You

Source: CNN

Washington – An angry warning by President Barack Obama delivered well over a year ago foreshadowed his campaign-style approach Wednesday to pressuring Republicans to compromise on a deal to avoid the fiscal cliff.

In July 2011, Obama told House Majority Leader Eric Cantor, one of the lead Republican negotiators in the endless budget battles of president’s first term, that it was time to make a deal or face the consequences.

“Don’t call my bluff,” the president said in ending the White House meeting, according to Cantor. “I’m going to the American people with this.”

Obama subsequently held a series of events around the country, mostly in swing states of the November election, in which he pushed for higher taxes on the wealthy as part of his main campaign theme to restore equal opportunity for the middle class.

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