Treasury Secretary Timothy Geithner and Rob Nabors, the White House director of legislative affairs, will meet Thursday with congressional leaders on Capitol Hill for discussions on the so-called "fiscal cliff."
Geithner and Nabors will have four separate meetings with Senate Majority Leader Harry ReidHarry ReidAfter healthcare fail, 4 ways to revise conservative playbook Dem senator 'not inclined to filibuster' Gorsuch This obscure Senate rule could let VP Mike Pence fully repeal ObamaCare once and for all MORE (D-Nev.), Senate Minority Leader Mitch McConnellMitch McConnellDems delay Senate panel vote on Supreme Court nominee This week: GOP picks up the pieces after healthcare defeat The Memo: Winners and losers from the battle over healthcare MORE (R-Ky.), Speaker John BoehnerJohn BoehnerTrump, GOP fumble chance to govern ObamaCare gets new lease on life Ryan picks party over country by pushing healthcare bill MORE (R-Ohio) and House Minority Leader Nancy Pelosi (D-Calif.).
In brief remarks at the White House, Obama vowed to "go anywhere" and "do whatever it takes" to reach a compromise.
“It’s too important for Washington to screw this up," Obama said. "Now’s the time for us to work on what we all agree to, which is let's keep middle-class taxes low. That’s what our economy needs. That’s what the American people deserve.”
Obama said he remained hopeful that a deal could be worked out before Christmas.
Republicans said the administration officials should come with a plan to address spending cuts — not just tax hikes on the wealthy.
“We accepted this meeting with the expectation that the White House team will bring a specific plan for real spending cuts – because spending cuts that Washington Democrats will accept is what is missing from the ‘balanced approach’ that the President says he wants,” a spokesman for BoehnerJohn BoehnerTrump, GOP fumble chance to govern ObamaCare gets new lease on life Ryan picks party over country by pushing healthcare bill MORE said.
This story was updated at 3:35 p.m.