President Obama has wrapped up his first press conference since the election, with, surprise, surprise, the David Petraeus scandal and the fiscal cliff at the top of the agenda, reports the AP. But he also made headlines with a strong defense of UN ambassador Susan Rice. The full transcript is here. Some highlights:
- Petraeus: Obama again praised the general for his "extraordinary career" but said Petraeus fell short of his own personal standards. Asked whether classified information had leaked, Obama said he was not aware of any and deferred to the ongoing FBI investigation. “I have no evidence at this point from what I’ve seen that classified information was disclosed that would have in any way have had an impact on our national security.”
- Fiscal cliff: He reiterated that he is "open to compromise" but again insisted that tax cuts should not be extended for those making more than $250,000 a year. At the same time, he wants Congress to immediately pass a bill extending the cuts for those who make less. “We should not hold the middle class hostage while we debate tax cuts on the wealthy,” he said, declaring that he had a "mandate" on the issue, notes Slate. Later, of the looming deadline: "I believe this is solvable.