Obama Heads To Hawaii For Congressional Cool Down
His leave came after issuing that both Congressional parties spend some time “cooling off” in order to reach a decision and put an end to the recent fiscal cliff debacle.
The cool down was required after Obama’s proposal for a deal that has yet to have been answered.
READ MORE: Obama 'Ready And Willing' To Strike A Deal To Avoid Fiscal Cliff
The president is hoping that the holiday break will allow enough time for congress members to revaluate their decisions and choices in the fiscal matter and come back with a solution and ready for an agreement.
Statement by the President on the Fiscal Cliff:
"So, as we leave town for a few days to be with our families for the holidays, I hope it gives everybody some perspective. Everybody can cool off; everybody can drink some eggnog, have some Christmas cookies, sing some Christmas carols, enjoy the company of loved ones."
If there had been any signs of reaching a decision, Obama would have likely delayed his trip, but the probability of that chance dwindled with Boehner’s failed Plan B proposal.
From The Guardian:
“Failure to strike a deal would result in the automatic triggering of $600bn worth of spending cuts and tax increases. This so-called fiscal cliff could be ruinous for the still fragile economic recovery in the US, experts have warned.”
The fiscal year will come to a close 10 days after Obama’s proposal for a break, which he promises to return from in exactly a week in hope of reaching a decision from Congress.
Read more of Neon Tommy's fiscal cliff coverage here.
Reach Executive Producer Eric Parra here.