Obama to meet congressional leaders on Friday - aide

WASHINGTON Fri Dec 28, 2012 5:51am IST

U.S. President Barack Obama returns from Christmas visit in Hawaii to the White House in Washington, December 27, 2012. REUTERS/Jonathan Ernst

U.S. President Barack Obama returns from Christmas visit in Hawaii to the White House in Washington, December 27, 2012.

Credit: Reuters/Jonathan Ernst

Related Topics

WASHINGTON (Reuters) - President Barack Obama will host a meeting on Friday with the four top congressional leaders, a White House aide said on Thursday, as the president and lawmakers rush to break a deadlock over the so-called fiscal cliff days before a year-end deadline.

The president will meet with Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, House of Representatives Speaker John Boehner and House Minority Leader Nancy Pelosi, White House spokeswoman Amy Brundage said.

Obama returned to Washington on Thursday after a truncated Hawaii vacation in an effort to restart stalled efforts aimed at averting tax increases and sharp spending cuts that economists say would push the economy into recession. The Senate also reconvened Thursday and the House of Representatives is due to go back into session on Sunday.

(Reporting By Mark Felsenthal; editing by Stacey Joyce)

FILED UNDER:

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage