Politics
5:06 am
Thu November 15, 2012

Obama Takes Questions From Reporters Wednesday

Originally published on Thu November 15, 2012 7:17 am

President Obama continues to insist that any agreement to avoid the so-called fiscal cliff next year must include higher taxes on the wealthy. But Obama left the door open to structuring that tax increase in various ways. He's hoping to strike a bargain with congressional Republicans that would prevent a broader tax hike on the middle class that could send the country back into recession.