Obama still thinks deal on fiscal cliff is possible

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After meeting with congressional leaders at the White House, President Obama said he was “modestly optimistic” that an agreement to avert the “fiscal cliff” could still be reached, the New York Times reports.

“This was the first time the group has met together in weeks to try to reach a resolution as Congress headed toward a rare New Year’s Eve session.”

Meanwhile, The Hill reports Senate Majority Leader Harry Reid and Senate Republican Leader Mitch McConnell are working to reach a deal on the fiscal cliff.

“The two have laid out a 48-hour plan for reaching a deal to prevent looming tax hikes and spending cuts, with both men indicating they’d offer something for their conferences to consider.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.