U.S. President Barack Obama, right, speaks while U.S. Vice President Joseph "Joe" Biden listens in the East Room of the White House in Washington, D.C., U.S., on Friday, Nov. 9, 2012. Obama is urging quick action by Congress to keep taxes from rising on middle-income Americans at the start of the new year and begin negotiations to avert automatic spending cuts. Photographer: Andrew Harrer/Bloomberg *** Local Caption *** Barack Obama; Joe Biden