Article Image
News Link • Economy - Economics USA

Obama, Boehner meet as hopes rise for "fiscal cliff" deal

• reuters.com
 

The 45-minute meeting is a further sign that talks to avert the "fiscal cliff" could be yielding progress after weeks of stalemate, and aides from both parties said they were optimistic that a deal could be reached in coming days.

 

"We're getting close," said one Democratic aide, who added however that a deal is not imminent.

 

Although both sides still had major differences, investors were cheered by signs of progress. The Standard & Poor's 500 index was up 0.95 percent at midday.

 

"The fiscal cliff is starting to get ironed out," said Frank Davis, director of sales and trading at LEK Securities.

1 Comments in Response to

Comment by Jerry Alexander
Entered on:

Boehner is a tool,and he cry`s allot.


Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


GoldMoney