Obama says debt-cutting deal can be reached soon

President Barack Obama gestures as he speaks in the Eisenhower Executive Office Building, on the White House campus in Washington, Wednesday, Nov. 28, 2012, about how middle class Americans would see their taxes go up if Congress fails to act to extend the middle class tax cuts. The president said he believes that members of both parties can reach a framework on a debt-cutting deal before Christmas. (AP Photo/Pablo Martinez Monsivais)President Barack Obama said Wednesday he believes that members of both parties can reach a "framework" on a debt-cutting deal before Christmas, making his case with a mix of optimism and pressure on congressional Republicans to keep tax rates from rising on the middle class.




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