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Take Two

Fiscal cliff deadline looms amid year-end holidays

U.S. President Barack Obama delivers a statement on fiscal cliff at the James Brady Press Briefing Room of the White House December 21, 2012 in Washington, DC. Obama called on congressional leaders to work out a solution on the fiscal cliff over the Christmas break. He also said "becaues we didn't get this done, I will see you next week."
U.S. President Barack Obama delivers a statement on fiscal cliff at the James Brady Press Briefing Room of the White House December 21, 2012 in Washington, DC. Obama called on congressional leaders to work out a solution on the fiscal cliff over the Christmas break. He also said "becaues we didn't get this done, I will see you next week."
(
Alex Wong/Getty Images
)

Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.

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Fiscal cliff deadline looms amid year-end holidays

It's beginning to look a lot like a Fiscal Cliffmas!

With the President in Hawaii for the holiday and Congress not due back in Washington until Thursday, time is running out to come up with a deal before 2013. So will the New Year be rung in with streamers and champagne or tax hikes and spending cuts? 

To help us answer that question is Dominic Rushe, U.S. Business Correspondent for the Guardian.