President Obama said he is "moderate optimistic" transactions, in order to avoid "wealth cliff" is possible, after the last stroke of the White House meeting.
Obama said, the senate leaders is drafting a bill that could win the approval of both houses of congress.
If, however, failed to reach a compromise, President bush said he will be required to prevent tax increase fast vote.
Congress only four days, comprehensive plate tax increases and spending cuts before effective reach an agreement.
Analysts said that in the so-called "cliff" sliding may break America into recession, the global economic recovery.
If the senate majority leader harry Reid and senate minority leader MaiKangNaiEr not work an agreement, Obama has one vote, in order to prevent the income tax payers to $250000 (?150000), and ensure the unemployment insurance continue to rise.
His description of the "minimum" congress should be completed before January 1.
"Immediate action time is here, now," Obama said.
"Not perfect" treatment
Earlier Friday, Obama met at the White House with the wheat KangNaEr, reed, the speaker of the house, John boehner and house minority leader Nancy pelosi, short more than an hour.
MaiKangNaiEr and Mr Reed said, they enter negotiations after the meeting before long, their task relatively optimistic assessment.
MaiKangNaiEr said, he is a "full of hope and optimism", he put forward including his party on Sunday, just more than 24 hours before the deadline.
His Democratic Party says he will "do what I can," in order to make transactions occurred.
But reed warned: "whatever we take out will be not perfect".
In the senate deal, can through the senate new efforts, after many negotiations focus in the house of representatives speaker John boehner rest.
In the house of representatives late last week Sir Borna proposed alternative - this will see tax only for those who rise more than $1 million - failure.
Mr. Bernard called for meeting the inferior vena last Sunday. In the speaker of the house of the office a staff told Reuters, the senate and the house of representatives will consider legislation.
"Speak to the President, if the senate legislation passed by the house of representatives to revise, and back to a plan, and the house of representatives will consider it - whether to accept or change," not to be named assistant said.
Obama immediately the richest americans increased taxation plan is still a point of division between the two sides, because he won the November re-elected.
Many republicans oppose the new tax as a matter of principle, are required to cut the deficit, inflation public spending, they can see, will be in risk health and fashion and democratic welfare programs.
At Friday's press conference, Obama said, any tax increases in the last minute of action will form the basis of further negotiation, in the New Year.
"The American people are looking at we are doing here," he said. "Obviously, and their patience has the thin".
Cut and welfare
Long-term fiscal cliff is refers to the year 1 took effect on January 1,, if congress does not through the new legislation, increase revenue and cut costs nearly $600 billion (?370 bn) combination.
Sweep in President George w. bush's tax cuts through the will expire, finally affect people's income level, many enterprises.
Tax cuts and due benefits include:
In 2010, the payroll tax cut, this will cause expires immediately cuts in pay package
, the welfare of the long-term unemployed
The federal health care plan, the doctor to cure the patient's compensation
? inheritance tax may also be affected, if there is no deal.
In addition, cut costs of the law, through breaking the deadlock of the previous fiscal congress to take effect, influence military and domestic budget.
The job cuts are expected to affect the federal government departments and the defense department, as well as on unemployment insurance and veterans' support.




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