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CLIFF_11082_20121213

Speaker of the House John Boehner, R-Ohio, left, arrives at the White House for a meeting with President Barack Obama, in Washington, on Thursday, Dec. 13, 2012. With time growing short and no "fiscal cliff" progress evident, President Barack Obama and Republican House Speaker John Boehner set face-to-face negotiations for late Thursday at the White House. (AP Photo/Jacquelyn Martin)

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CLIFF_11080_20121213

House Speaker John Boehner of Ohio gestures during a news conference on Capitol Hill in Washington, Thursday, Dec. 13, 2012, where he accused President Barack Obama of not being serious about cutting government spending. Boehner is insisting that Obama wants far more in tax increases than spending reductions and appears willing to walk the economy "right up to the fiscal cliff." (AP Photo/J. Scott Applewhite)

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House Speaker John Boehner of Ohio is pursued by reporters as he walks to the House floor to deliver remarks about negotiations with President Barack Obama on the fiscal cliff, Tuesday, Dec. 11, 2012, on Capitol Hill in Washington. Boehner said President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise. (AP Photo/J. Scott Applewhite)

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House Speaker John Boehner of Ohio is pursued by reporters as he walks to the House floor to deliver remarks about negotiations with President Barack Obama on the fiscal cliff, Tuesday, Dec. 11, 2012, on Capitol Hill in Washington. Boehner said President Barack Obama is slow-walking talks to avoid the fiscal cliff, and hasn't outlined spending cuts he's willing to support as part of a compromise. (AP Photo/J. Scott Applewhite)

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FILE - This Dec. 5, 2012 file photo shows President Barack Obama pauses as he speaks about the fiscal cliff at the Business Roundtable, an association of chief executive officers, in Washington. (AP Photo/Charles Dharapak, File)

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Fiscal Cliff Ghosts P_Star.jpg

FILE - This Dec. 5, 2012 file photo shows President Barack Obama pauses as he speaks about the fiscal cliff at the Business Roundtable, an association of chief executive officers, in Washington. (AP Photo/Charles Dharapak, File)

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Senate Majority Leader Harry Reid, Nevada Democrat, holds a press conference Nov. 7, 2012, at the U.S. Capitol in D.C. Reid says he intends to change filibuster rules following President Obama's win in the general election the previous day and that he hopes Republicans will work with the Democrats to solve some of the country's major issues. (Barbara L. Salisbury/The Washington Times)

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President Obama speaks Dec. 10, 2012, about the economy to an audience comprised of workers and guests during a visit to the Daimler Detroit Diesel plant in Redford, Mich. (Associated Press)

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President Barack Obama greets well-wishers after stepping off Air Force One upon his arrival at Metropolitan Wayne County Airport in Detroit, Monday, Dec. 10, 2012, before going to the Daimler Detroit Diesel plant in Redford, Mich. (AP Photo/Charles Dharapak)

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President Barack Obama walks with Treasury Secretary Timothy Geithner towards the Oval Office at the White House in Washington as he returns from speaking about the fiscal cliff at Business Roundtable, an association of chief executive officers, Wednesday, Dec. 5, 2012. (AP Photo/Charles Dharapak)

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obama-fiscal-cliff_star2_mugshot_four_by_three.jpg

President Barack Obama walks with Treasury Secretary Timothy Geithner towards the Oval Office at the White House in Washington as he returns from speaking about the fiscal cliff at Business Roundtable, an association of chief executive officers, Wednesday, Dec. 5, 2012. (AP Photo/Charles Dharapak)

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FILE - This Jan. 20, 2009 file photo shows President Barack Obama and first lady Michelle Obama waving as they walk down Pennsylvania Avenue on their way to the White House in Washington, after taking the presidential oath. In a reversal from four years ago, President Barack Obama will accept unlimited sums of money from corporations and individuals to pay for events surrounding his Inauguration, a spokeswoman said Friday. (AP Photo/Alex Brandon, File)

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FILE - This Jan. 20, 2009 file photo shows President Barack Obama and first lady Michelle Obama waving as they walk down Pennsylvania Avenue on their way to the White House in Washington, after taking the presidential oath. In a reversal from four years ago, President Barack Obama will accept unlimited sums of money from corporations and individuals to pay for events surrounding his Inauguration, a spokeswoman said Friday. (AP Photo/Alex Brandon, File)

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**FILE** Barack Obama is sworn in as the 44th president of the United States of America by Chief Justice of the United States John G. Roberts Jr. at the U.S. Capitol in Washington on Jan. 20, 2009. (J.M. Eddins Jr./The Washington Times)

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“I believe, at a fundamental level, that the process of rebalancing is a substantial effort that will take years.” — Assistant Secretary of State Kurt M. Campbell on the Obama administration’s new Asia policy called the “pivot” (Associated Press)

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“I believe, at a fundamental level, that the process of rebalancing is a substantial effort that will take years.” — Assistant Secretary of State Kurt M. Campbell on the Obama administration’s new Asia policy called the “pivot” (Associated Press)

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President Barack Obama speaks at the Nunn-Lugar Cooperative Threat Reduction (CTR) symposium being held at the National Defense University at Fort McNair in Washington, Monday, Dec. 3, 2012.(AP Photo/Charles Dharapak)

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President Barack Obama gestures pauses while speaking at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. (AP Photo/Matt Slocum)

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President Barack Obama gestures pauses while speaking at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. (AP Photo/Matt Slocum)

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President Barack Obama gestures pauses while speaking at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. (AP Photo/Matt Slocum)