In his first full-scale news conference since March, Obama said he was willing to compromise with Republicans to forge a deal on the nation's debt and taxes to avoid the "fiscal cliff," a combination of budget cuts and tax increases that will kick in next year if such an agreement is not reached.
Mitt Romney, in his first remarks since an unexpectedly lopsided election loss to Barack Obama, blamed his defeat Wednesday on "gifts" showered by the president on his female, African-American and Hispanic supporters.
