Obama: GOP ‘Puzzling’ on Fiscal Cliff

President Obama said on Wednesday that it is “puzzling” that Republicans haven’t accepted his plan to avoid the fiscal cliff, saying he has gone “at least halfway” to meet them. “I’m prepared to get it done, but [Republicans] are going to have to go ahead and make adjustments,” Obama said. But the president insisted that there is “no reason” the country should go over the fiscal cliff, the name given for what will happen on Jan. 1 if no budget compromise is reached, allowing major spending cuts to go into effect and the Bush tax cuts to expire. Obama insisted this is a “self-inflicted crisis” that Republicans are putting the country through, and that House Speaker John Boehner's plan “defies logic.”