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President Obama speaks to the news media Monday after meeting with Democratic congressional leaders about a year-end bipartisan agreement to extend expiring tax cuts. He said "there are things that I do not like" about the compromise with Republicans in exchange for an unemployment insurance extension. (Associated Press)

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President Barack Obama speaks about the U.S. economy to local business leaders and students and faculty at Forsyth County Technical Community College in Winston-Salem, N.C., on Monday, Dec. 6, 2010. (AP Photo/The News & Observer, Shawn Rocco)

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President Obama speaks Monday during a visit to Forsyth Technical Community College in Winston-Salem, N.C. (Associated Press)

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Recipients of the 2010 Kennedy Center Honors -- including, from left, Bill T. Jones, Paul McCartney and Oprah Winfrey -- react to the President Obama's introduction of Mr. McCartney during a reception in the East Room of the White House in Washington on Sunday, Dec. 5, 2010. (AP Photo/Manuel Balce Ceneta)

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President Barack Obama, together with U.S. Trade Representative Ron Kirk, left, and Deputy National Security Adviser Michael Froman, right, makes a statement about the U.S.-Korea Free Trade Agreement on Saturday, Dec. 4, 2010, in Washington (AP Photo/Evan Vucci)

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President Barack Obama waves as he is introduced to the troops at a rally during an unannounced visit at Bagram Air Field in Afghanistan on Friday, Dec. 3, 2010. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama is greeted by NATO Commander in Afghanistan Gen. David Petraeus, left, and U.S. Ambassador to Afghanistan Karl W. Eikenberry, center, after stepping off Air Force One during an unannounced visit to Bagram Air Base in Afghanistan on Friday, Dec. 3, 2010. (AP Photo/Pablo Martinez Monsivais)

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** FILE ** In this Nov. 10, 2010, file photo, Erskine Bowles, left, watches former Wyoming Sen. Alan Simpson, co-chairman of President Barack Obama's bipartisan deficit commission, speak at a news conference on Capitol Hill in Washington. (AP Photo/Alex Brandon, File)

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ASSOCIATED PRESS Sen. Max Baucus, Montana Democrat, joined one House Democrat and three House Republicans to oppose the report by President Obama's deficit commission.

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** FILE ** President Obama talks with Vice President Joseph R. Biden Jr. as they walk to the Blair House from the White House in Washington on Thursday, Dec. 2, 2010, for a meeting with newly elected governors. (AP Photo/J. David Ake, File)

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** FILE ** Then Florida Gov.-elect Rick Scott, center, attends a luncheon with White House administration officials, before President Barack Obama arrives, on Thursday, Dec. 2, 2010, at the Blair House across from the White House in Washington. (AP Photo/Charles Dharapak)

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Rhode Island Gov.-elect Lincoln Chafee is seen at the Blair House across from the White House in Washington, Thursday, Dec. 2, 2010, before President Barack Obama spoke to newly elected governors. (AP Photo/Charles Dharapak)

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Washington Mayor-elect Vincent Gray speaks to members of the media outside the White House in Washington on Wednesday, Dec. 1, 2010, following his luncheon meeting with President Obama. (AP Photo/Pablo Martinez Monsivais)

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ASSOCIATED PRESS D.C. Mayor-elect Vincent C. Gray speaks to the news media outside the White House on Wednesday after his luncheon meeting with President Obama. The president said, "I'm unequivocally in support of voting rights for the District of Columbia," according to Mr. Gray.

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Erskine Bowles (right) and Alan K. Simpson, co-chairmen of President Obama's independent commission, said they are not sure whether they will have the supermajority of votes needed Friday to approve an aggressive deficit-reduction plan to submit to Congress.

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ASSOCIATED PRESS Erskine Bowles (right) and Alan Simpson, co-chairmen of President Obama's independent commission, said they are not sure whether they will have the supermajority of votes needed Friday to approve an aggressive deficit-reduction plan to submit to Congress.

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From left, Senate Republican Leader Mitch McConnell of Ky., House Speaker-designate John Boehner of Ohio, and House Majority Leader-elect Eric Cantor of Va., take part in a news conference, on Capitol Hill in Washington Tuesday, Nov. 30, 2010, following their meeting at the White House with President Obama. (AP Photo/Alex Brandon)

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From left, Senate Republican Leader Mitch McConnell of Ky., House Speaker-designate John Boehner of Ohio, and House Majority Leader-elect Eric Cantor of Va., take part in a news conference, on Capitol Hill in Washington Tuesday, Nov. 30, 2010, following their meeting at the White House with President Obama. (AP Photo/Alex Brandon)

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From left, Senate Republican Leader Mitch McConnell of Ky., House Speaker-designate John Boehner of Ohio, and House Majority Leader-elect Eric Cantor of Va., take part in a news conference, on Capitol Hill in Washington Tuesday, Nov. 30, 2010, following their meeting at the White House with President Obama. (AP Photo/Alex Brandon)