Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Let's Not Negotiate Fiscal Cliff Through Media: White House

NEW YORK (TheStreet) -- Maybe the best way to reach a so-called fiscal cliff deal is to shield the public from backroom details.

On board Air Force One in a gaggle with reporters, White House Press Secretary Jay Carney said on Monday he believed the best prospect of reaching an agreement was to not read details of the conversations between President Obama and head lawmakers.

"Our interest is in seeing if we can reach an agreement and not trying to negotiate an agreement through the media," Carney said, according to the pool report. "I'm entirely sympathetic to the interest that you have in this, but we believe that it's in the best interest of the prospects of getting an agreement to not read out the details of conversations."

House Speaker John Boehner (R., Ohio) met with Obama over the weekend to hash out more specifics to a plan that may help the United States avoid a fiscal cliff -- when tax relief measures and deep spending cuts will automatically go into effect.

Aides familiar with the discussion between the speaker and the president wouldn't reveal what they talked about, but a spokesman for Boehner said "the lines of communication remain open."

Carney reiterated the exact sentiment: "The lines of communication are open. You've seen the president met with the speaker and we broadly speaking continue to engage in this process with important players and stakeholders."

The gaggle occurred during Obama's flight to Redford, Mich., where he would tour a plant of >Daimler Detroit Deisel, a subsidiary of Daimler AG, and deliver a speech to workers there about middle-class tax cuts and the fiscal cliff.

-- Written by Joe Deaux in New York.

>Contact by Email.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,387.58 52.30 0.34%
NASDAQ 3,502.12 5.69 0.16%
S&P 500 1,669.16 2.87 0.17%
US 10 Yr 1.944% -0.021

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs