Republican congressional leaders have sent a new proposal to the White House as part of the negotiations aimed at preventing America being forced over the fiscal cliff on January 1.
President Barack Obama and the leader of the Republicans in the House of Representatives have met in the latest attempt to break the stalemate in the fiscal crisis negotiations that could propel the US back into recession if no deal is secured by 1 January.
Bloomberg TV's Julianna Goldman spoke with President Obama Tuesday to discuss the fiscal cliff and his efforts to compromise with Republican leaders.
Barack Obama has rejected the latest proposal from Republican leaders on how to avoid the fiscal cliff, dismissing their offer as unbalanced and based on faulty calculations.
Talks between the White House and congressional Republican leaders over the pending fiscal crisis have hit the buffers, with no sign of compromise on either side and with just 29 days to go before the advent of automatic spending cuts and tax increases that economists say could propel the US into another recession.
John Boehner, the Republican speaker of the US House of Representatives, has dismissed the latest White House proposals on the fiscal cliff negotiations, declaring them "not serious".
The first serious proposals from the White House to solve the looming "fiscal cliff" of tax rises and budget cuts appear to have been rejected out of hand by Republican leaders in Congress.
President Obama's proposal to extend the middle-class tax cuts before reforming the tax code and entitlements is a "sucker's game," billionaire investor Wilbur Ross told CNBC Thursday.
Tottenham Hotspur full-back Serge Aurier will not feature for his side in the Champions League this evening.
Everton fans express unhappiness with Heung-Min Son's ban being overturned.
Liverpool and Manchester City are set to meet on Sunday in a crucial Premier League title showdown.
Phil Parkinson could have another new defender at the Stadium of Light with Azerbaijan international Mustafazada reportedly set for the League One side.
Luis Suarez represented Liverpool for a three-year period before making a switch to Barcelona in 2014.
Tottenham Hotspur are due to take on Red Star Belgrade in the Champions League later this evening.
Trezeguet got his first Aston Villa goal against Liverpool on his last outing.
Henderson was part of the Sheffield United side that pipped Leeds United to promotion last season.
Both Leeds United and West Bromwich Albion are pushing for promotion to the Premier League this season.
Jordan Henderson was given the night off due to illness, as Liverpool picked up three points in the Champions League last night.
President Barack Obama has been accused by a senior Republican of being eager to take the US over the fiscal cliff for political gain, as Washington edges closer to a year-end deadline with no deal in sight.
Barack Obama left Washington with his family for a Christmas break in Hawaii on Friday night, an acknowledgment that weeks of negotiation over the economy's looming crisis had ground to a halt.
The stand-off between the White House and Congress over the 'fiscal cliff' turned into a full-blown crisis on Thursday night when Republican House Speaker John Boehner was publicly humiliated, unable to command enough support to secure passage of his own bill.