NEW : Obama and Congress talk by phone but do n't reach any agreement , Obama says . House Republicans implore Obama to negotiate . While the Republicans gave ground by calling for more revenue through tax reform , the plan only mentioned unspecified elimination of some deductions and loopholes . Obama insists on cutting down tax rates for all but the wealthy . Without a deal , everyone 's taxes go up in January and spending gets down .
NEW : Obama and Congress talk by phone but do n't reach any agreement , Obama says . House Republicans implore Obama to negotiate . Obama insists on cutting down tax rates for all but the wealthy . Without a deal , everyone 's taxes go up in January and spending gets down .