Obama Approach Favored in Fiscal Cliff Negotiations

A new ABC News/Washington Post poll finds President Obama holds a substantial advantage over House Speaker John Boehner in handling budget negotiations to avoid the fiscal cliff: Nearly twice as many Americans approve of the president’s work on the issue so far as favor the speaker’s approach.

Meanwhile, a new Bloomberg poll finds Obama has won the public argument over taxes so decisively that almost half of Republicans now say he has an election mandate to raise rates on the rich.