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"President Barack Obama held a Twitter town hall Monday afternoon to answer citizens' questions regarding the fiscal cliff.\nTwitter users asked Obama questions using the hashtag #My2k. That's a reference to the approximately $2,200 the White House estimates middle class Americans stand to lose if Congress fails to extend the Bush tax cuts for those making $250,000 or less.\n\n[View the story \"Barack Obama's Fiscal Cliff Twitter Town Hall\" on Storify]\n\nSEE ALSO: Obama Wants You to Tweet Congress Your Support for His Tax Plan\nAs Republican Speaker of the House John Boehner put it last week, the White House and Congressional Republicans remain \"nowhere\" on a deal to avoid a series of government spending cuts and tax increases that many analysts argue may plunge the country back into recession. \nThe White House approach to the fiscal cliff is increasing revenue, primarily by letting the Bush tax cuts expire for those making over $250,000, along with minor spending cuts. Congressional Republicans, however, argue that plan is effectively a tax hike and that deep spending cuts are needed.\nThe technical date for running over the fiscal cliff is Dec. 31, though Congress only has a handful of working days on the calendar before that deadline. Congress can be kept in session over what's supposed to be a holiday break, although the desire to avoid losing the break may give Congress incentive to make a deal quickly.\nDid you take part in Obama's Twitter town hall? What did you ask the president? Share in the comments.\nImage credit: Flickr, "^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2012/12/03/obama-twitter-fiscal-cliff/>