Tuesday, November 27, 2012 12:12 pm
News Summary: Obama selling his fiscal cliff plan
By The Associated Press
THE BACKGROUND: Unless lawmakers agree on a deal to cut the deficit, there will be across-the-board tax increases and steep spending cuts next year.
TRAVEL PLANS: The president is meeting with small-business owners at the White House on Tuesday and with middle-class families Wednesday. He will tour a Pennsylvania small business that makes parts for a construction-toy company Friday.