Obama Will Hit the Road for Budget Deal

As President Obama begins budget talks to avoid the fiscal cliff, the New York Times notes he “will not simply hunker down there for weeks of closed-door negotiations as he did in mid-2011, when partisan brinkmanship over raising the nation’s debt limit damaged the economy and his political standing. He will travel beyond the Beltway at times to rally public support for a deficit-cutting accord that mixes tax increases on the wealthy with spending cuts.”

Wonk Wire: What is the fiscal cliff anyway?