Fiscal Debate Marches Closer To Cliff - KMPH FOX 26 | Central San Joaquin Valley News Source

Fiscal Debate Marches Closer To Cliff

Posted:

For the first time since mid-November, president Obama holds face-to-face fiscal cliff talks with congressional leaders.

The white house is downplaying expectations of a new offer beyond the scaled-back plan the president put out last week, which would extend unemployment benefits and the Bush tax cuts for those making less than 250-thousand a year. It would also delay any action on cuts to entitlements like medicare. A deal republicans are not happy with.

A spokesman for John Boehner says the speaker will continue to stress that the house has already passed legislation to avoid the cliff, and that republicans are waiting for the senate to act.

On the other hand, the top democrat on the house budget committee say the onus falls on speaker Boehner.

With no sign of real progress, lawmakers may end up taking action after the country falls off the cliff, with a retroactive fix.

  • Local NewsLocal NewsMore>>

  • A Baby Boy Is Born At A North Fork Gas Station

    A Baby Boy Is Born At A North Fork Gas Station

    A woman on her way to a doctor's appointment suddenly goes into labor and ends up giving birth in a North Fork gas station parking lot.
    More >>
    A woman on her way to a doctor's appointment suddenly goes into labor and ends up giving birth in a North Fork gas station parking lot.

    More >>
  • Dinuba Residents Want Answers: Why Are Streets Full Of Water?

    Dinuba Residents Want Answers: Why Are Streets Full Of Water?

    People living in Dinuba say for nearly two weeks water from a broken valve has been flowing down gutters into storm drains.Residents say city crews are not answering their questions and they want answers on when it will be fixed.More >>
    People living in Dinuba say for nearly two weeks water from a broken valve has been flowing down gutters into storm drains.Residents say city crews are not answering their questions and they want answers on when it will be fixed.More >>
  • Helms Power Plant Turns 30

    Helms Power Plant Turns 30

    The Helms Pumped Storage Plant is now 30 years old. The engineering marvel has been undergoing a renovation in the past few years. Wednesday P.G. E. gave KMPH Fox 26 News a rare glimpse inside the hidden power plant in the high Sierra. The plant is located 50 miles east of Fresno and sits underground near Wishon Reservoir. Back in the 70's it took construction crews seven years to bore a cavern through the mountain of granite and create the plant for P.G. E. It takes two reservoirs to make He...More >>
    The Helms Pumped Storage Plant is now 30 years old. The engineering marvel has been undergoing a renovation in the past few years. Wednesday P.G. E. gave KMPH Fox 26 News a rare glimpse inside the hidden power plant in the high Sierra. The plant is located 50 miles east of Fresno and sits underground near Wishon Reservoir. Back in the 70's it took construction crews seven years to bore a cavern through the mountain of granite and create the plant for P.G. E. It takes two reservoirs to make He...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.