BREAKING NEWS

Obama believes not much further he can go in fiscal offer

WASHINGTON - President Barack Obama has not necessarily given his final offer in "fiscal cliff" talks but there is not much farther he can go, White House spokesman Jay Carney told reporters on Thursday.
Carney told reporters that Obama's most recent offer, made this week to Republicans in the House of Representatives, could be modified but not by much since "he's already gone more than halfway."