In a news conference Friday, President Obama said there were still things the parties could agree on about the automatic tax-rate increases and spending cuts at the end of the year. But he said parties would have to work together to get a plan approved in the next 10 days.
"Call me a hopeless optimist, but I actually still think we can get it done," he said, after meeting with Senate Democratic leader Harry Reid and speaking to Republican House Speaker John Boehner.
"In the next few days, I've asked leaders of Congress to work toward a package that prevents a tax hike on middle-class Americans, protects unemployment insurance for 2 million Americans and lays the groundwork for further work on both growth and deficit reduction. That's an achievable goal. That can get done in 10 days."