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Obama, Boehner meet amid budget deal pressures

President Barack Obama acknowledges House Speaker John Boehner

Photo credit: AP | President Barack Obama acknowledges House Speaker John Boehner of Ohio while speaking to reporters in the Roosevelt Room of the White House in Washington,. (Nov. 16, 2012)

President Barack Obama and House Speaker John Boehner met for a third time at the White House to discuss averting spending cuts and tax increases before a year-end deadline.

Boehner and Obama met for almost an hour late Saturday, with no public announcement of progress. In January, more than $600 billion in spending cuts and tax increases, the so-called fiscal cliff, are scheduled to begin.

"The...

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