AGENCIES Barack Obama invited those leaders to engage in dialogue to build a consensus. Both Republicans and Democrats want to avoid the fiscal precipice. Special: All about EE UU elections that gave victory to Obama. The newly re-elected President of USA, Barack Obama, today invited leading Republicans and Democrats in Congress to start negotiations for an agreement reducing the public deficit that prevents the dreaded fiscal precipice next week. In his first appearance at the White House after winning re-election, Obama invited those leaders to engage in dialogue to build consensus and stressed that the priority should be the employment and growth. The President also said that he is open to new ideas to reach an agreement on debt, but reiterated his plan includes combining cuts in spending with tax hikes to the richest. We have to combine spending with revenue cuts and that means ask wealthier Americans to pay a little more in taxes, said Obama during his appearance in the East Room of the White House, which was accompanied by his Vice President, Joe Biden, and not admitted questions.
Obama was declared open to compromise, but also stressed that will not accept any plan for reducing the deficit is not balanced. I’m not married to every detail of my plan, he said before affirming that the elections of last Tuesday, which was re-elected, put revealed that the majority of Americans agree with his approach. Americans want cooperation, consensus and common sense. But above all they want action, said Obama.We are going to extend tax cuts to the middle class now, he asked the President to Congress. Deadline of January at this first hearing Obama made it clear his priority now is to avoid the dreaded fiscal precipice that would enter United States if Republicans and Democrats do not agree measures in Congress to reduce the deficit in the long term before the end of the year. Republicans control the House of representatives, while the Democrats are the majority in the Senate, forcing an understanding between the two parties to take forward the laws.
In the absence of a bipartite agreement, in January came into force automatic cuts in the budget and that would coincide with the end of the tax exemptions of the George w. Bush administration, something that the experts consider that it would be fatal for the first world economy. Shortly before the statements of Obama, the leader of the Republicans in the House, John Boehner, urged him to lead the negotiations for an agreement of debt reduction that would prevent tax increases which, in his view, will slow job creation. See more: Barack Obama invites Congressional leaders to discuss the debt next week