Leaders of the bitterly divided United States Congress, are making last ditch attempt to stop significant use spending cuts and tax rises, automatically taking effect on January the first. Some economists suggest, the US could dip back into recession, if it were to follow off what's become known as the fiscal cliff. This pessimism about the deal with Republicans and Democrats and the two houses of Congress are still wide apart on key issues.US President Barack Obama has increased pressure on Republicans to accept a deal aimed at stopping the country going over a fiscal cliff. He blamed them for the deadlock, saying their overriding theme was protecting tax breaks for the rich. But efforts to reach a deal suffered a setback as Senate leaders missed their own deadline to reach a compromise. Failure to resolve the crisis by 31 December will mean steep spending cuts and tax rises. Analysts say, that even if a deal is reached on the fiscal cliff, it will do little to reduce the original problem of the deficit and government debt limit, raising the prospect of further political in-fighting early next year.