Barack Obama
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President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)

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From left, Senate Republican Leader Mitch McConnell of Ky., House Majority Leader-elect Eric Cantor of Va., and House Speaker-designate John Boehner of Ohio, leave a news conference, on Capitol Hill in Washington Tuesday, Nov. 30, 2010, where they talked about their meeting at the White House with President Obama. (AP Photo/Alex Brandon)

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President Barack Obama arrives in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, to make a statement to reporters about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)

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President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)

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President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)

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President Barack Obama makes a statement in the Eisenhower Executive Office Building, on the White House campus in Washington, Tuesday, Nov. 30, 2010, about his meeting today with Republican and Democratic Congressional leaders. (AP Photo/J. Scott Applewhite)

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ASSOCIATED PRESS David Stockman, budget director for President Reagan, sees tough decisions for President Obama's deficit commission as it prepares a final report.

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ASSOCIATED PRESS LIP SERVICE: Despite an injured mouth that required 12 stitches, President Obama was able to deliver a statement at the White House on Monday.

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Stitches are seen in President Barack Obama's lower lip as he delivers a statement to members of the media in the Old Executive Office Building, on the White House campus in Washington, Monday, Nov. 29, 2010. Obama received 12 stitches after he took an errant elbow in the mouth last Friday morning during a game of basketball with friends and family at Fort McNair. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama arrives to deliver a statement in the in the Old Executive Office Building, on the White House campus in Washington, Monday, Nov. 29, 2010. (AP Photo/Pablo Martinez Monsivais)

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U.S. President Barack Obama delivers a statement to the media at the Eisenhower Executive Office Building in Washington, D.C., U.S., on Monday, Nov. 29, 2010. Obama proposed freezing the pay of federal civilian employees this year and next as part of an effort to bring the budget deficit under control. Photographer: Andrew Harrer/Bloomberg

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U.S. President Barack Obama delivers a statement to the media at the Eisenhower Executive Office Building in Washington, D.C., U.S., on Monday, Nov. 29, 2010. Obama proposed freezing the pay of federal civilian employees this year and next as part of an effort to bring the budget deficit under control. Photographer: Andrew Harrer/Bloomberg

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U.S. President Barack Obama delivers a statement to the media at the Eisenhower Executive Office Building in Washington, D.C., U.S., on Monday, Nov. 29, 2010. Obama proposed freezing the pay of federal civilian employees this year and next as part of an effort to bring the budget deficit under control. Photographer: Andrew Harrer/Bloomberg

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President Barack Obama leaves after delivering a statement in the in the Old Executive Office Building on the White House campus in Washington, Monday, Nov. 29, 2010. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama looks on during an NCAA basketball game between Oregon State and Howard University on Saturday, Nov. 27, 2010 in Washington. Obama is back on the hard court, but this time as spectator; it took 12 stitches to patch up his lip after he took an errant elbow in the mouth Friday morning during a game of basketball with friends and family at Fort McNair. Craig Robinson, Obama's brother in law, is the head coach for Oregon State. (AP Photo/Evan Vucci)

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President Barack Obama walks with a U.S. Secret Service agent back to his vehicle after playing a private game of basketball at Fort McNair in Washington on Friday, Nov. 26, 2010. (AP Photo/Charles Dharapak)

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President Obama and House Speaker Nancy Pelosi, California Democrat, want to repair their injured party after devastating congressional election losses but have diverging mandates at a critical time. (Associated Press)

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President Obama leans over to hear an unidentified child speak as he helps pack food for Thanksgiving at Martha's Table, a local food pantry in Washington, Wednesday, Nov. 24, 2010. (AP Photo/Pablo Martinez Monsivais)

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President Barack Obama and daughters Sasha, center, and Malia, right, walks out of the Oval Office, the Rose Garden of the White House in Washington, Wednesday, Nov. 24, 2010, to participate in an event to pardon "Apple," the National Thanksgiving turkey during a ceremony. (AP Photo/Susan Walsh)

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Apple, the National Thanksgiving Turkey, is pictured before being pardoned by President Barack Obama during a ceremony in the Rose Garden of the White House in Washington, Wednesday, Nov. 24, 2010. (AP Photo/Charles Dharapak)