United States President Barack Obama is using Christmas themed attacks at Republicans in congress who are blocking the fiscal cliff talks. Visiting of all places a toy factory, he said that not striking a deal will make everyone in America get a tax hit in January. He said “That’s a Scrooge Christmas”
Republicans and Democrats are still apart and some are calling it a stalemate. Neither side has compromised creating uncertainty as the possibility remains of the US going off the fiscal cliff triggering tax increases and spending cuts starting January 1st.
- US Economy and Claims Beat Expectations
- US Durable Goods Flat Last Month
- Fed’s Beige Book Shows Measured Economic Growth
- Chicago Fed President Wants Low Rates until 6.5 percent unemployment
- No Deal for Cliff on Obama’s first try
- A Rise in Sales of Existing U.S. Homes in October
- Applications for US Jobless Benefits Decrease
- Poll Sees Fical Cliff to be Avoided
- Global Copper Shortage hints better Economy in 2013
- US Nov Chain Store’s sales expected to gain 1.6% vs 3.5% last year
- Goldman Sachs CEO: Seems Like ‘Fiscal Cliff’ Deal Could Be ‘Reachable’
- Sales of New U.S. Homes Fell 0.3% in October
- Obama hopes to finalize “Cliff” deal by Christmas – Dow Triple Digits Rise
- NY Fed Potter: Critical for CBs to have real-time mkt oversight
- US Treasury: China not a “Currency Manipulator”
- US House Prices advance +3%
- Better Housing Market Push Consumer Confidence Higher.
- Record Number of Black Friday Shoppers May Not Save Nov Sales Figures
- Serious Negotiations to Resume to Avoid US Fiscal Cliff
- 2013 Forecasts indicate Strong US Economy – Only If Fiscal Cliff avoided
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