WASHINGTON, Dec 28 (Reuters) - President Barack Obama held
out hope for a last-minute agreement to avoid the fiscal cliff
of tax increases and spending cuts after a meeting with
congressional leaders, scolding Congress for leaving the problem
unresolved until the eleventh hour.
"The hour for immediate action is here," he told reporters at
the White House. "I'm modestly optimistic that an agreement can
be achieved," he said.