U.S. Senate leaders aim to craft 'fiscal cliff' bill by Sunday

December 28, 2012

WASHINGTON, Dec 28 (Reuters) - U.S. Senate leaders are

aiming to craft "fiscal cliff" legislation by Sunday, the top

Republican Senator Mitch McConnell said on Friday, after a

discussion with President Barack Obama on how to avert the

looming tax hikes and spending cuts.

McConnell characterized the meeting with Obama and other

congressional leaders as "good" and said: "We are engaged in

discussions, the majority leader, and myself and the White

House, in the hopes that we can come forward as early as Sunday

and have a recommendation that I can make to my conference."