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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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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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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)

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President Barack Obama waves as he arrives to speak at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. Obama spoke at the toy company about how middle class Americans would see their taxes go up if Congress fails to act to extend the middle class tax cuts. (AP Photo/Matt Slocum)

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President Barack Obama waves as he arrives before speaking at the Rodon Group, which manufactures over 95% of the parts for KíNEX Brands toys, Friday, Nov. 30, 2012, in Hatfield, Pa. The visit comes as the White House continues a week of public outreach efforts, while also attempting to negotiate a deal with congressional leaders. (AP Photo/Susan Walsh)

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President Barack Obama gestures as he speaks at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. Obama spoke at the toy company about how middle class Americans would see their taxes go up if Congress fails to act to extend the middle class tax cuts. (AP Photo/Matt Slocum)

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President Barack Obama speaks at The Rodon Group manufacturing facility, Friday, Nov. 30, 2012, in Hatfield, Pa. Obama spoke at the toy company about how middle class Americans would see their taxes go up if Congress fails to act to extend the middle class tax cuts. (AP Photo/Matt Slocum)