Still time for fiscal cliff agreement, President Obama says

WASHINGTON (AP) – President Barack Obama issued a stern summons to congressional leaders Friday to approve legislation before year’s end to prevent tax increases on millions of middle class Americans and prevent an expiration of long-term unemployment benefits for the jobless.

One day after House anti-tax rebels torpedoed Republican legislation because it would raise rates on million-dollar-earners, Obama said he still wants a bill that requires the well-to-do to pay more. “Everybody’s got to give a little bit in a sensible way” to prevent the economy from pitching over a recession-threatening...