He’s ending his Hawaii Christmas/Holiday vacation early and will head back to Washington to make a late-hour bid to reach a fiscal-cliff deal before the year ends.
The White House says First lady Michelle Obama and their daughters will remain in Hawaii. Meanwhile, House and Senate members are expected to reconvene Thursday, according to CNN
Obama and Republicans have been at loggerheads over how to prevent automatic tax increases for everyone and deep spending cuts that will be triggered in the new year without an agreement.
With neither side showing any sign of blinking, the battlefield will probably shift to the Senate this week after GOP disarray in the House stymied any progress before Christmas.
Get more of this story from CNN.
Watch this report on the Fiscal Cliff from CNN: