News Brief 12/31/2012, Tevet 18, 5773
Obama: Hours Before Deadline, Fiscal Cliff Deal In Sight
President Barack Obama said Monday a deal to avert the fiscal cliff budget crisis was in sight, as dramatic New Year's Eve negotiations went down to the wire ahead of a midnight deadline.
"It appears that an agreement to prevent this New Year's tax hike is within sight. It's not done. There are still issues left to resolve, but we're hopeful that Congress can get it done," Obama said at the White House.