Update: Read what happened at the meeting that followed Obama's speech. Or not. In summary, nothing happened except a time for another meeting tomorrow, 3:45 pm (updated to 3:15 pm)
Another oft missed point re the republicans who say we can't raise taxes now -- the tax increases aren't for now, they're proposed for 2013.
This was a very good presser by Obama, one of his best explainers. He said it's time to "eat our peas." Transcript.
Boehner falls to the Job Creator Gods: