President Barack Obama on Friday called on Congress to pass a basic agreement on the fiscal cliff that would preserve middle class tax cuts, arguing that in a precarious economic situation, "now's not the time for more self-inflicted wounds."
Obama said he is "still ready and willing" to get a comprehensive package done after a break for Christmas, but that would require the bipartisan cooperation that's been lacking so far.
"The American people are a lot more sensible and a lot more thoughtful than their elected representatives are," Obama said at the White House. "That's a problem. There's a mismatch right now."
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