Obama just concluded his 1:30 press conference – highlights:

“Deal is within sight” but not done yet

“Our most immediate priority is to stop taxes going up for middle class families starting tomorrow.”

“Any future deficit agreement” after this week will have to include more taxes.”

“If Republicans think i will finish the job of deficit reduction through spending cuts … then they have another think coming.”

“It has to be a matter of shared sacrifice as long as I’m president. And I’m going to be president for another 4 years.”

The future deficit agreement quote is quite interesting. There is a real question over whether there will be a substantive agreement or a punt to buy time for some future agreement.

10 hours left.