White House Dept: If Washington really does fail to avert the looming series of tax hikes and spending cuts scheduled to take effect on Jan. 1, the White House will portray Republicans as the culprits for insisting on protecting tax cuts for the wealthy, an effort the administration is laying the groundwork for now, according to Winnipeg Free Press. But going over the cliff also would be full of risk for a president fresh off re-election and facing at least two more years of divided government and wASHINGTON - It may be just a bluff or a bargaining ploy, but the White House is signalling that President Barack Obama is willing to let the country go over the "fiscal cliff," a hard-line negotiating strategy aimed at winning concessions from Republicans on taxes. "This is a choice of the Republican Party," said Dan Pfeiffer, White House communications director. "If they are willing to do higher rates on the wealthy, there's a lot we can talk about. And if they are not, then they'll push us over the cliff."
(www.immigrantscanada.com). As
reported in the news.
@t White House, White House
5.12.12