Congresswoman Lois Capps is flying back to Washington D.C. for what’s expected to be a vote, late Sunday, to avoid a financial crisis in the U.S. Solutions to the so called, “fiscal cliff” will be discussed by party leaders and President Obama Friday.Capps tells Channel 3 KEY News, “these are not easy times for people. They have the right to expect that we are going to do our work in Washington, D.C.” The Congresswoman also said a vote to solve some of the financial issues would help the stock market, the housing market and give some confidence to business owners.Capps also said she is looking forward to new Congressional members taking their oath next week.On the Santa Barbara Mesa, some residents spoke out about the nations difficult financial stalemate between party leaders. “The job of Congress is to hold the purse strings for the American government. If they can’t do it, they need to not be there,” said Atty Garfinkle.”I definitely don’t think they’ve been very responsible,” said Joshua Pomer. “But at the same time it’s hard to be responsible when the economy is this bad because there’s a lot of tough choices to make.”Adding to the urgency, Treasury Secretary Timothy Geithner said the debt limit will be reached earlier than expected.KEY News Senior Reporter John Palminteri has our story.
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