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Obama starts Hawaiian vacation, leaving Washington on ice

Taking what promised to be a very brief Christmas break from the ongoing struggle to avoid the "fiscal cliff" of tax hikes and spending cuts, President Barack Obama relaxed with his family on Saturday at a beach retreat in Hawaii. Congress was to return to Washington next Thursday and Obama has pledged to work with lawmakers to strike a deal to avoid the economic shock from tax and spending measures set to take effect on January 1 if a deal can't be reached, which many economists say could push the U.S. economy back into recession. …

Quoted from Obama starts Hawaiian vacation, leaving Washington on ice on Yahoo! News – Latest News & Headlines

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