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Fiscal Cliff Deal 'Still A Work In Progress,' Obama Says

Official White House Photo by Pete Souza(WASHINGTON) -- With just 18 days to go, President Obama told reporters Thursday a deal to avert the looming fiscal cliff is “still a work in progress.”

Exiting the West Wing, the president was asked if he was feeling optimistic that an agreement can be reached to avoid the impending tax increases and spending cuts set to kick in on Jan. 1.

“It’s still a work in progress,” he said.

When another reporter noted that House Speaker John Boehner is waiting to hear more specifics from him, the president simply smiled and said “Merry Christmas.”

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