BELMONT - Republican presidential candidate Mitt Romney accused President Barack Obama on Saturday of standing by while a looming budgetary calamity unfolds in Washington as he sought to regain his footing after a tough week on the campaign trail.
Romney leaped into the debate over the "fiscal cliff," the potential for an end-of-the-year uproar when some $109 billion in across-the-board spending cuts kick in unless Obama and Congress reach a deficit-reduction deal to avert them. Bush-era tax cuts also expire at year's end.
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console.log("catid body is "+catID);if(catID==120){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(catID!=69 && catID!=2){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }The Washington debate mirrors the campaign battle between Obama and Romney. Democrats want to make up the shortfall by increasing taxes on wealthy Americans while Republicans favor spending cuts.