Obama on "fiscal cliff": "I'm willing to compromise a little bit"

December 10, 2012 1:05 PM

At a speech at the Daimler Detroit Diesel factory in Michigan, President Obama renewed his call for Congress to extend middle-class tax cuts immediately. The president said, "I'm willing to compromise a little bit" in negotiations to resolve the "fiscal cliff" but said he would not compromise on higher tax rates for the wealthy.

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