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President obama and congress to agree on avoiding a combination of higher taxes and Government Spending cuts, the president today said he wont extend tax cuts for people who dont need them. That hard line came during a White House Press conference just as a negotiations with Republican Leaders get underway to avoid the fiscal cliff. As darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. Reporter just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. In h...

Tom with 47 days left for president obama and congress to agree on avoiding a combination of higher taxes and Government Spending cuts, the president today said he wont extend tax cuts for people who dont need them. That hard line came during a White House Press conference just as a negotiations with Republican Leaders get underway to avoid the fiscal cliff. As darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. Reporter just two days before he meets with congressional leaders, the president took a tougher ...

Reporter just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. In his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than 250,000 a year. And by the way, that means every american, including the wealthiest americans get a tax cut. It means that 98 of all americans, and 97 of all Small Businesses wont see their taxes go up a single dime. The senate has already passed a law like this. Democrats in the house are ready to pass a law like this and i hope republicans in the house come on board too...

Congressional leaders, the president took a tougher tone on budget talks. In his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than 250,000 a year. And by the way, that means every american, including the wealthiest americans get a tax cut. It means that 98 of all americans, and 97 of all Small Businesses wont see their taxes go up a single dime. The senate has already passed a law like this. Democrats in the house are ready to pass a law like this and i hope republicans in the house come on board too. Reporter republicans said again they would...

Cuts for people who dont need them. That hard line came during a White House Press conference just as a negotiations with Republican Leaders get underway to avoid the fiscal cliff. As darren gersh reports from washington, even before republicans and democrats sit down to talk on friday, both sides are laying down markers. Reporter just two days before he meets with congressional leaders, the president took a tougher tone on budget talks. In his news conference, he pushed hard for an immediate extension of tax cuts for everyone making less than 250,000 a year. And by the way, that means every a...