Obama says deal 'within sight' but 'not done'
December 31st, 2012
01:52 PM ET
10 years ago

Obama says deal 'within sight' but 'not done'

(CNN) - President Barack Obama said Monday "it appears that an agreement to prevent" the fiscal cliff tax hike for Americans "is within sight, but it's not done."

The agreement would extend tax credits for families with children, for tuition, and for clean energy companies, the president said at a White House event, adding that it would also extend unemployment insurance.

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The fiscal cliff deal being discussed will ask the wealthiest 2% of Americans to pay higher taxes for the first time in two decades, Obama said.

If Republicans want to "shove spending cuts at us" that will hurt seniors, students or middle-class families "without asking also equivalent sacrifice from millionaires or companies with a lot of lobbyists," they're wrong, Obama said.

"If they think that's going to be the formula for how we solve this thing then they've got another think coming," he said.

Filed under: Fiscal Cliff • President Obama
soundoff (10 Responses)
  1. mike

    What did the president say other than my unemployment check is guaranteed.

    December 31, 2012 02:00 pm at 2:00 pm |
  2. Name lynn

    obama you are the president not them white house speakers them republicans nor boehner let them taxs bills pass dont let them people make you not have a happy new years with your family x them all out an you do whats right for the people

    December 31, 2012 02:08 pm at 2:08 pm |
  3. Rudy NYC

    "If they think that's going to be the formula for how we solve this thing then they've got another think coming," he said.
    Hmmph. If I didn't know any better, which I really don't, that phrasing makes me think that his wive, Michelle, has been his courage coach, the one teaching him to how to talk tough.

    December 31, 2012 02:19 pm at 2:19 pm |
  4. JD

    Like how he told those puppets behind him "now let's go take some pictures" at the end.

    He is a narcissistic as it gets.

    Revenues have been on the table for months. Just not individual taxes. That was not truthful of him to say. But. Whatever gets cheers.

    December 31, 2012 02:31 pm at 2:31 pm |
  5. Tampa Tim

    Who am I supposed to believe, President Obama or the people who get their misinformation from the foreign owned media outlet? It is interesting to hear the people from the Norquist party pretend they care about Americans, and a debt that was fueled by putting wars and tax cuts on a credit card.

    December 31, 2012 02:38 pm at 2:38 pm |
  6. Tampa Tim

    Laugh of the day posted by JD.

    December 31, 2012 02:41 pm at 2:41 pm |
  7. Phyllis G Williams

    "When men have done their best, angels can do no more". Why worry "we have obtained an inheritance, being
    pre-destinated according to the purpose ...of His Own Will" (Ephesians 1: 11).

    December 31, 2012 03:06 pm at 3:06 pm |
  8. Babyboomer

    It wouldn't matter what the President said. The haters would find something to complain about. It's the Rep. lead (if you can call it that) Congress that has held this country hostage for the past few years. Keep talking with us Mr. President. I want to hear it from you anyway. Certainly not Boehner or McConnell. I stopped listening to those clowns when they said their goal was to make this President a one term President. As far as I'm concerned they have nothing valuable to say...

    December 31, 2012 03:07 pm at 3:07 pm |
  9. Tony

    JD, there was an election in the last few months. Obama ran on letting the Bush tax cuts expire for people making over $250,000 a year. Romney ran on extending all of the tax cuts. Guess who won. If you don't think that elections have consequences, what kind of narcissist are you?

    December 31, 2012 03:07 pm at 3:07 pm |
  10. JD


    Bush cut taxing for everyone. I bet you don't stop your discrimination at this issue.

    Elections don't mean the majority get to do whatever they want to the minority.

    December 31, 2012 03:31 pm at 3:31 pm |