Obama Invites Leaders to White House to Discuss Fiscal Cliff - kcentv.com - KCEN HD - Waco, Temple, and Killeen

(KCEN) -- There are only fifty days until the U.S. reaches the fiscal cliff.

President Obama has invited leaders from the House and Senate to the White House Friday to talk solutions.

And with last year's dead end still fresh in everyone's minds, the Senate's negotiators will meet sometime this week as well.

President Obama supports letting Bush-era tax cuts expire for those making over $250,000.

Those breaks were extended two years ago.

Obama and House Speaker John Boehner are expected to be the leads in the fiscal cliff negotiations.