Obama tries to rescue fiscal talks for post-Christmas deal
WASHINGTON (Reuters) – The White House on Friday tried to rescue stalled talks on a fiscal crisis after a Republican plan imploded in Congress, but there was little headway as lawmakers and President Barack Obama abandoned Washington for Christmas. In remarks before flying to Hawaii for a break, Obama suggested reaching a short-term deal on taxes and extending unemployment insurance to avoid the worst effects of the "fiscal cliff" on ordinary Americans at the start of the New Year. "We’ve only got 10 days to do it. So I hope that every member of Congress is thinking about that. . . .
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