*President Barack Obama is scheduled to deliver a statement on the economy this afternoon, three days after his historic re-election.

The 1:05 p.m. ET statement in the East Room will serve as an opportunity to address some of the big issues that Washington will tackle in the next few months – including staving off the so-called fiscal cliff – and to outline his priorities moving forward.

An official schedule released by the White House Thursday said the statement would address “the action we need to take to keep our economy growing and reduce our deficit.”