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'Fiscal cliff' standoff over, Obama back in Hawaii

HONOLULU (AP) — A week after rushing to Washington to help end a tense, end-of-year standoff with Congress, President Barack Obama is back in Hawaii for vacation.

The president's annual visit to the state where he was born and spent much of his childhood was interrupted as he and members of Congress contended with the unfinished business of the "fiscal cliff" crisis that threatened to throw the economy back into recession.

The Republican-controlled House gave final legislative approval Tuesday night to a package that avoids income tax increases for most Americans and delays for two months billions in across-the-board spending cuts. Minutes later, Obama appeared in the White House briefing room to praise the deal in an eight-minute speech.

"And I hope that everybody now gets at least a day off, I guess, or a few days off, so that people can refresh themselves, because we're going to have a lot of work to do in 2013," he said.

A short time later, Obama was aboard the presidential helicopter, bound for a Maryland Air Force Base. Barely 30 minutes after he had finished his remarks he was in the sky on Air Force One, bound for Hawaii.

The president arrived in Honolulu before 5 a.m. local time and immediately rejoined his family in their rented beachside vacation home in Kailua, a picturesque Honolulu suburb on the east side of Oahu. Kailua Beach is a popular place for wind sports and paddle surfing.

Obama and his family had spent several days, including Christmas Day, at the secluded compound before he returned to Washington on Dec. 26 for the fiscal cliff negotiations.

Obama signed the bill Wednesday evening with an autopen, a mechanical device that copies his signature. He also signed a bill authorizing fiscal year 2013 expenditures for the Defense Department.

Obama has spent much of his time in Hawaii golfing at a Marine Corps base in nearby Kaneohe, where he also has gone for near-daily workouts, including one shortly after his arrival on Wednesday.

Having finished a year marked by a grueling campaign for a second term, Obama has much work ahead of him in the new year.

The fiscal cliff deal delays by two months billions in scheduled in spending cuts. It also sets up battles between Democrats and Republicans over federal spending and debt.

The first showdowns will come over the next three months, when the government's legal ability to borrow money expires and temporary financing for federal agency budgets will lapse. Republicans have already said, as they did in 2011, that they will demand spending cuts as a condition for extending the debt ceiling.

Obama also faces decisions over Cabinet appointments, with Treasury Secretary Timothy Geithner and Defense Secretary Leon Panetta expected to leave.

Comments

spelchek 4 months, 2 weeks ago

Middle class taxes go up, the "rich" get tax credits, and he goes back to Hawaii. Job well done sir...job well done.

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JCLifer 4 months, 2 weeks ago

Everyone got a pay raise January 1.

Good job, boys and girls!

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evenkeel 4 months, 2 weeks ago

Here's the facts. The Congressional Budget Office estimates that the latest triumphant deal which allowed us to avoid the “fiscal cliff” includes $2 billion of cuts for fiscal year 2013. Wow! That’s what the government of the United States borrows every ten hours and 38 minutes. Spending two months negotiating ten hours of savings is like driving to a supermarket three states away to save a nickel on your grocery bill.
These “cliff hanger” endings always end up the same: spending goes up, and the revenue gap widens.
The “tax on the rich” raised revenue $62 billion a year, which is what the government of the United States borrows every 13 days.
Under the “deal,” the federal debt of the United States in 2022 is officially projected to be $23.9 trillion.
Face it folks, this is no longer a “republic of limited government by citizen-representatives.” Let’s go a step further and acknowledge that a government that spends without limit and makes no good-faith effort even to attempt to balance the books is profoundly wicked. If Washington was obliged to use the same accounting procedures as your local hardware store, the real national debt would be at least ten times greater than the meaningless number of $16,400,000,000,000.

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evenkeel 4 months, 2 weeks ago

We are all so messed up. We deserve it. We voted for it. The wickedness that my previous post mentions is because our children and our grandchildren are also messed up and they don't deserve it. They didn't vote for this. We did.
We are burdening the next generation and the next and the next with an unbearable load.
By the way, how are you going to pay your $52,000 share of the debt? Got that laying around somewhere? Me neither. And my son certainly doesn't either. He's a real slacker. Of course, he is 10. How does a 10 year old pay $52,000 anyway?

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connor 4 months, 2 weeks ago

Careful Evenkeel. Speaking in a fiscally conservative manner or in anyway against the Liberal talking points will get your account borked up.

Now going on day 7

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