President Barack Obama: Victory Speech

Obama Dept: WASHINGTON - President Barack Obama will make his first public comments Friday since the victory speech after his re-election, using his speech to set the tone for upcoming tense talks with congressional Republicans on avoiding the so-called "fiscal cliff" a combination of deep spending cuts and the expiration of Bush-era tax cuts that will take effect Jan. 1 and threaten to pull the country back into recession, according to Winnipeg Free Press. The official spoke on condition of anonymity because Obama was about to make his public statement and house Speaker John Boehner of Ohio gestures as he speaks to reporters during a news conference on Capitol Hill in Washington, Friday, Nov. 9, 2012. Boehner said any deal to avert the so-called fiscal cliff should include lower tax rates, eliminating special interest loopholes and revising the tax code. AP Photo/Susan Walsh A White House official said Obama also was inviting Congressional leaders of both parties to the White House next week for talks on how to avoid the fiscal cliff. The president was to announce the invitations during his speech and urge Congress to act, but he was not expected to offer a specific plan for how to tackle the country's economic problems. (www.immigrantscanada.com). As reported in the news.