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They are talking in private but still feuding in public the president and the speaker walking together toward the fiscal cliff.
So now walked.
-- -- Is special report.
Good evening I'm Bret -- if there is any progress being made on backing away from the fiscal cliff.
You wouldn't have a hard time knowing it from today's events both sides essentially say.
They're waiting on the other for more details.
About how they would balance higher taxes for the rich with spending cuts.
In just a moment we put Karl Rove and Joseph Trippi in our own negotiating room.
But first chief White House correspondent Ed Henry has our report.
With 22 days or -- we'll explain later a little -- to -- And Obama was back on the road with 24 hours after -- hush hush meeting with house speaker John Boehner about the fiscal cliff.
And while insiders in both parties say their first face to face solo meeting -- over -- year.
-- a sign that imply that they're making progress.
-- public the president is still not budget that's a principle I won't compromise on because I'm not gonna have a situation.
The wealthiest among us.
Including folks like me -- get to keep all our tax breaks.
And then we're asking students to pay higher student loans.
Rather than focusing on unity while in Michigan he decided to fire up his labor union -- about a Republican push for right to work laws in the state.
What we shouldn't do.
I've got to say -- what we shouldn't be doing is trying to take away.
Your rights to bargain for better way to.
He's -- his -- would diesel plant are represented by the United Auto Workers and they cheered when the president took direct aim at this stage Republican governor and legislature.
Whether it's -- about us.
-- giving you the right to work for less money the president called both the union dispute in the fiscal cliff manufactured crises.
As he sounded a pessimistic -- about the possibility of another recession people will spend nearly 200 billion dollars less.
Than they otherwise -- spent -- consumer spending is gonna go down.
That means you got less customers'.
Businesses get -- profits.
They hire fewer workers you go on a downward spiral.
Some Republicans seem more hopeful of the deal -- are urging their party to give the president tax hikes in exchange for leverage on entitlement -- The focus then shifts to entitlements and maybe that puts us on a place where we actually.
I can do something that really save this nation other key Republicans insist negotiators are far from a deal.
Because the president won't take on his party about spending.
He's afraid going into a progressive meeting and say if we don't adjust the -- for retirement -- means test benefits for Social Security Medicare they're gonna go bankrupt.
Now the president went on to say he still optimistic he can get a deal and were told he spoke by phone today.
With the senate majority leader Harry Reid but no new contact with speaker Boehner.
Which means we're no closer to a deal Brett.
Okay we'll follow it Ed thank you.
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