"Obama demands fast action on fiscal cliff, including tax hike on wealthy" (with video)

Tom Cohen (CNN) with video (02:17):

Flush with re-election vigor, President Barack Obama called Friday for House Republicans to immediately pass a bill already approved by the Senate that would maintain current tax rates for middle-class Americans while increasing taxes of wealthier citizens. In his first public comments since winning Tuesday's vote, Obama expressed openness to negotiate with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year. MORE...