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Talks to deal with ‘fiscal cliff’ advance

Social Security likely on table

By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS

Posted: December 18, 2012 at 12:33 a.m.

J. SCOTT APPLEWHITE
Credit: AP
 House Speaker John Boehner, R-Ohio, shown in this July photo on Capitol Hill in Washington, met with President Obama at the White House on Monday in search of a compromise to avert the economy-threatening “fiscal cliff.”

President Barack Obama has agreed to curtail future cost-of-living increases for recipients of Social Security and softened his demand for higher taxes at upper income levels as part of accelerating negotiations with House Speaker John Boehner to avoid a “fiscal cliff,” people familiar with the talks said Monday.

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