From left, Senate Republican Leader Mitch McConnell of Ky., House Majority Leader-elect Eric Cantor of Va., and House Speaker-designate John Boehner of Ohio, leave a news conference, on Capitol Hill in Washington Tuesday, Nov. 30, 2010, where they talked about their meeting at the White House with President Obama. (AP Photo/Alex Brandon)
President Barack Obama arrives in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, to make a statement to reporters about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)
President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)
President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)
President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)
ASSOCIATED PRESS David Stockman, budget director for President Reagan, sees tough decisions for President Obama's deficit commission as it prepares a final report.
ASSOCIATED PRESS LIP SERVICE: Despite an injured mouth that required 12 stitches, President Obama was able to deliver a statement at the White House on Monday.
Stitches are seen in President Barack Obama's lower lip as he delivers a statement to members of the media in the Old Executive Office Building, on the White House campus in Washington, Monday, Nov. 29, 2010. Obama received 12 stitches after he took an errant elbow in the mouth last Friday morning during a game of basketball with friends and family at Fort McNair. (AP Photo/Pablo Martinez Monsivais)
President Barack Obama arrives to deliver a statement in the in the Old Executive Office Building, on the White House campus in Washington, Monday, Nov. 29, 2010. (AP Photo/Pablo Martinez Monsivais)
