No deal in sight as deadline for fiscal deal nears

Posted on 27 December 2012. Tags: , , , ,

President Barack Obama and first lady Michelle Obama arrive to visit with members of the military and their families in Anderson Hall at Marine Corp Base Hawaii, Tuesday, Dec. 25, 2012, in Kaneohe Bay, Hawaii. The first family is in Hawaii for a family holiday vacation. (AP Photo/Carolyn Kaster)WASHINGTON (AP) — Lawmakers are engaged in a playground game of "who goes first," daring each political party to let the year end without resolving a Jan. 1 confluence of higher taxes and deep spending cuts that could rattle a recovering, but-still-fragile economy.




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