A person familiar with the details says President Barack Obama is not making a new 'fiscal cliff' offer at his high-stakes meeting with congressional leaders at the White House.

President Barack Obama was preparing to present a limited fiscal proposal to congressional leaders at a White House meeting Friday, a make-or-break moment for negotiations to avoid across-the-board tax increases and deep spending cuts at the first of the year.

A last-gasp effort Thursday to avoid automatic tax increases and spending cuts got off on the same convulsive, partisan tone that marked congressional attempts to resolve the impasse before lawmakers left Washington to go home for Christmas.

President Barack Obama and House Speaker John Boehner pushed ahead on negotiating a broad deal to avert the "fiscal cliff," even as the GOP leader readied a backup plan Tuesday to pressure the White House with little time left to avoid a double hit on the economy.

House Speaker John Boehner said Tuesday that he is readying a backup bill aimed at averting the fiscal cliff because President Barack Obama has yet to offer a balanced package of revenues and spending savings that would cut burgeoning federal deficits.

President Barack Obama is taking his case for avoiding a potentially unsettling "fiscal cliff" to the Philadelphia suburbs, employing campaign-style tactics in hopes of mobilizing public support for his plan to hike taxes on the wealthy. The trip comes amid signs of impatience in the negotiations between Republican leaders and...

President Barack Obama's campaign was relishing a hard-fought victory for the presidency, capping a re-election bid that hinged heavily on aggressive voter registration and turnout efforts.

President Barack Obama and Republican rival Mitt Romney each got something Friday out of the final snapshot of the nation's economy heading into Election Day, with more job creation and an uptick in unemployment.