U.S. President Barack Obama invited congressional leaders to the White House the country on Friday (09/12/2012) local time. Obama steps related fiscal issues in his country amid investors and market players awaited in the global capital markets.
According to research Investindo Futures Monex in Jakarta, Monday (12/11/2012), negotiating a deal to prevent a sharp rise in taxes and budget cuts that will take effect later this year will begin.
Positive news from Obama is that he says his attitude to be open to compromise. "I am open to new ideas," said Obama in his presence the first time at the White House after he won the election against Republican challenger Mitt Romney in early last week.
He expressed his commitment to resolve the fiscal problems in the country. But he refused to accept an unbalanced approach. He again pushed for higher taxes for wealthy Americans. Some observers have noted, if Congress and the government does not act, the abrupt fiscal tightening will cause a weak economy will lead to a deeper recession. The Congressional Budget Office said that the non-partisan this week the number of unemployed could rise above 9 percent per year if nothing is done to avoid that fiscal cliff.