This going over the cliff is going to bring uncertainty to our markets , and with that uncertainty , a pullback in consumer confidence and a reduction , I 'm afraid , of business activity and the creation of new jobs , '' he said . NEW : McConnell and Obama are main negotiators now , Republicans on both sides say . ` ` There 's still significant distance between the two parties , '' Obama says . Obama calls on GOP to cut a deal on abortion ; Republicans argue Obama is overspending .
NEW : McConnell and Obama are main negotiators now , Republicans on both sides say . ` ` There 's still significant distance between the two parties , '' Obama says . Obama calls on GOP to cut a deal on abortion ; Republicans argue Obama is overspending .