Barack Obama and the fiscal cliff The so-called fiscal cliff refers to a combination of severe tax increases and spending cuts due to kick in automatically in January if the president and Congress don't find a compromise plan to cut the deficit first. President Barack Obama and House of Representatives speaker John Boehner met Sunday to discuss the so-called impending fiscal cliff of steep tax hikes and spending cuts. No details of the talks were given, but a statement from Boehner's office said "the lines of communication remain open." Visual report live from the scene of events, between 3 seconds and two minutes long. 4 news reports daily broadcast from 6.15 am. An in-depth report on a major news issue. More FRANCE24 reports: www.france24.com
Author: france24english
Duration: 3:01
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Barack Obama met House of Representatives speaker John Boehner to discuss the fiscal cliff
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