US president Barack Obama has urged Congress to protect the middle class from an income tax increase and lay the groundwork for future economic growth.
The comments, in the president's weekly radio and internet address, came as Senate leaders began work to avoid the so-called fiscal cliff.What is the fiscal cliff? Read our explainer."We've got to do what it takes to protect the middle class, grow this economy, and move our country forward," Mr Obama said.Leaders in Congress are working on a way to prevent this tax hike on the middle class, and I believe we may be able to reach an agreement that can pass both houses in time.Mr Obama earlier met with top congressional leaders and said that senate Democrats and Republicans would work overtime this weekend to try to head off a $500 billion time bomb of tax hikes and spending cuts, dubbed the "fiscal cliff", before a January 1 deadline.Saturday, December 29, 2012
A man who police say is wanted in four states has been arrested in New South Wales after a series of high-speed car chases.
Police say they had tried to pull the man's car over near Tamworth in the state's north-west yesterday but the driver did not stop.Officers began to chase the car but the high-speed pursuit was soon called off for safety reasons.Police twice spotted the man's car later in the day, but lost sight of it again when the driver sped off.The vehicle was then found dumped near Kempsey and police allege they found a small amount of cannabis inside.Officers arrested a 27-year-old man, who they say was in possession of some foreign currency and a small amount of gold.Wednesday, December 19, 2012
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Tuesday, December 18, 2012
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