Dec 26, 2012 2:31 AM by The Associated Press
HONOLULU (AP) - President Barack Obama is expected to be back in Washington early Thursday so that he and congressional Republicans can work out a plan to avert the across-the-board tax increases and cuts to domestic programs due to automatically take effect in January.
Obama has been vacationing in Hawaii. Many economists say failure to reach an agreement could send the country back into recession.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
» There are multiple updates to this story. Please click here to get the latest information.
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
3 hours ago