President Obama meets with labor leaders at the White House on Tuesday to discuss how to steer clear of the so-called fiscal cliff. It's the first of many meetings aimed at avoiding automatic tax increases and spending cuts at the beginning of the new year.
A week ago, the president proved again that he and his team are good at winning elections. The question now is whether he can translate victory at the ballot box to success in shaping policy.
This is WEEKEND EDITION from NPR News. I'm Rachel Martin.
Here's a term you're going to get really tired of in the next several weeks - if you haven't already: The fiscal cliff. It's a combination of automatic spending cuts and tax increases set to hit at the start of the year. That is, if Congress and the president fail to find a way to avoid it.
NPR's Tamara Keith has this primer.
TAMARA KEITH, BYLINE: Both House Speaker John Boehner and the president made it clear, they don't want to go off the cliff.