By LEIGH ANN CALDWELL, NANCY CORDES /CBS NEWS/ December 27, 2012, 7:10 PM
With no deal imminent on the looming “fiscal cliff,” President Obama, who cut his Hawaiian vacation short today, has summoned congressional leaders to the White House for a seemingly last-ditch meeting on Friday, CBS News has learned.
The two key congressional leaders, Senate Majority Leader Harry Reid, D-Nev., and House Speaker John Boehner, R-Ohio, will be joined by Senate Minority Leader Mitch McConnell, R-Ky., and House Minority Leader Nancy Pelosi, D-Calif., at Friday’s 3 p.m. ET meeting, which marks the first time the four are meeting with the president since Nov. 16.
“[W]e’ll see what the President has to propose,” McConnell said in a statement. “Members on both sides of the aisle will review it, and then we’ll decide how best to proceed. Hopefully there is still time for an agreement of some kind that saves the taxpayers from a wholly preventable economic crisis.”
Meantime, on a conference call with the House GOP Conference this afternoon, House Majority Leader Eric Cantor, R-Va., told Republican lawmakers to be prepared for votes on Sunday night. FULL ARTICLE
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