Obama: I’m ‘Modestly Optimistic'

    REDFORD, MI  - DECEMBER 10:  U.S. President Barack Obama speaks about the economy at the Daimler Detroit Diesel engine plant December 10, 2012 in Redford, Michigan. The President and Congress have not yet come to an agreement regarding how to extend the Bush-era tax cuts, which expire at the end of this year (the so-called "fiscal cliff"). Republicans in Congress want the tax cuts to continue to apply to all tax payers, whereas the President wants them to apply only to tax payers who earn less than $250,000 a year.  (Photo by Bill Pugliano/Getty Images)

    Bill Pugliano/Getty Images

    In the world of fiscal cliff debates, hope springs intermittently. The highly-anticipated meeting between President Obama and congressional leaders Friday afternoon ended disappointingly, with sources close to the talks claiming “no new offer” was made. Speaking to the press shortly after, a visibly-frustrated President Obama quipped that he had “deja vu,” after the lackluster discussion, but still remains “modestly optimistic” that a deal will be reached. “The hour for immediate action is here,” he said, adding that if the Senate cannot reach deal, he will ask for vote on his fiscal cliff plan. The president will also be appearing exclusively on Meet the Press this Sunday.

    After budget talks end in no deal, again.

    As time runs out before the fiscal cliff deadline, President Obama told the press Friday he is still determined to ‘get this done.’

    Read it at NBC News