Tagged: Fiscal Cliff

Transcript

(SOUNDBITE OF NEWS CONFERENCE)

PRESIDENT BARACK OBAMA: Well, good afternoon everybody. Welcome to the White House.

LINDA WERTHEIMER, HOST:

At a news conference earlier this week, President Obama tried to put pressure on Republicans and federal budget negotiations. The president said he would not accept spending cuts from Republicans without some tax increases. Then he used a phrase that raised a few eyebrows.

(SOUNDBITE OF NEWS CONFERENCE)

Fiscal cliff week has mercifully ended with a deal done, hurricane relief approved, President Obama vacationing, and both parties bickering internally over what was won — and lost — in the early hours of the new year.

What we have found most intriguing is the vigorous post-facto wrestling within the liberal community over what the fiscal cliff negotiations say about President Obama.