Nation | Elections

Obama Holds First Post-Election News Conference

NPR | Nov. 15, 2012 4:17 a.m. | Updated: Nov. 15, 2012 9:09 a.m.

Contributed By:

Scott Horsley

President Obama continues to insist that any agreement to avoid the so-called fiscal cliff next year must include higher taxes on the wealthy. In his first White House news conference since winning re-election, Mr. 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.

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