'Obama would veto any extension of tax cut on the rich'
Next week, Obama has invited leaders of Congress here to the White House. He would also be meeting business leaders and labour leaders and others to get their input and ideas about how to move forward.
"He does have his own very specific plan that reduces the deficit by USD4 trillion, that does it in a balanced way, that ensures that we can continue to invest in education and infrastructure, and research and development of the elements that are so key to sustained economic growth, but that he's not wedded to every detail of that plan”, he said.
Carney said Obama understands that the message of the election was that the American people want action, not political posturing and argument.
"They want action. There really is, in the bill that passed the Senate, an opportunity to do some very good work for the American people, very good work for the American economy right away to send a signal that cooperation
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