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updated: 11/29/2012 6:48 AM

White House, Congress talk as 'fiscal cliff' nears

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  • Former White House Chief of Staff Erskine Bowles, co-chair of the National Commission on Fiscal Responsibility and Reform, is pursued by reporters on Capitol Hill in Washington, Wednesday following a closed-door meeting House Speaker John Boehner of Ohio.

      Former White House Chief of Staff Erskine Bowles, co-chair of the National Commission on Fiscal Responsibility and Reform, is pursued by reporters on Capitol Hill in Washington, Wednesday following a closed-door meeting House Speaker John Boehner of Ohio.
    Associated Press

 
Associated Press

WASHINGTON -- Obama administration officials are heading to Capitol Hill for talks that come amid increasing anxiety that the White House and top Republicans are wasting time as the government slides toward an economy-rattling "fiscal cliff."

Treasury Secretary Tim Geithner and top White House aide Rob Nabors are to visit separately Thursday with the four House and Senate leaders to discuss how to avert a series of tax increases and spending cuts due to begin in January. Republicans complain that the White House is slow-walking the talks and has yet to provide specifics on how President Barack Obama would curb the rapid growth of benefit programs like Medicare and Medicaid.

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There's been little evident progress in negotiations between the White House and the lead GOP negotiator, House Speaker John Boehner.

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