US President Barack Obama (28 Dec 2012)
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Obama ups pressure on Republicans over 'fiscal cliff'

US President Barack Obama has increased pressure on Republicans to accept a deal aimed at stopping the country going over a "fiscal cliff".

Speaking on NBC's Meet the Press, he blamed Republicans for the deadlock, saying their "overriding theme" was protecting tax breaks for the wealthy.

Congress must reach a deal by the end of the year to stop steep spending cuts and tax rises from taking effect.

Jonny Dymond reports.

  • 30 Dec 2012