President Obama urges Congress to meet its deadlines and responsibilities, protect the middle class from an income tax hike, and lay the groundwork for future progress on more economic growth and deficit reduction.

Obama explains where we're at with the fiscal cliff negotiations debacle, but stops short of coming right out and placing blame on the GOP for holding things up, or naming specific names.

Hello Everybody. For the past couple months, I’ve been working with people in both parties – with the help of business leaders and ordinary Americans – to come together around a plan to grow the economy and shrink our deficits.

It’s a balanced plan – one that would protect the middle class, cut spending in a responsible way, and ask the wealthiest Americans to pay a little more. And I’ll keep working with anybody who’s serious about getting a comprehensive plan like this done – because it’s the right thing to do for our economic growth.

But we’re now at the point where, in just a couple days, the law says that every American’s tax rates are going up. Every American’s paycheck will get a lot smaller. And that would be the wrong thing to do for our economy. It would hurt middle-class families, and it would hurt the businesses that depend on your spending.

And Congress can prevent it from happening, if they act now. Leaders in Congress are working on a way to prevent this tax hike on the middle class, and I believe we may be able to reach an agreement that can pass both houses in time.

But if an agreement isn’t reached in time, then I’ll urge the Senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for Americans looking for a job, and lays the groundwork for future progress on more economic growth and deficit reduction.

I believe such a proposal could pass both houses with bipartisan majorities – as long as these leaders allow it to come to a vote. If they still want to vote no, and let this tax hike hit the middle class, that’s their prerogative – but they should let everyone vote. That’s the way this is supposed to work.

We just can’t afford a politically self-inflicted wound to our economy. The economy is growing, but keeping it that way means that the folks you sent to Washington have to do their jobs. The housing market is healing, but that could stall if folks are seeing smaller paychecks. The unemployment rate is the lowest it’s been since 2008, but already, families and businesses are starting to hold back because of the dysfunction they see in Washington.

You meet your deadlines and your responsibilities every day. The folks you sent here to serve should do the same. We cannot let Washington politics get in the way of America’s progress. We’ve got to do what it takes to protect the middle class, grow this economy, and move our country forward.

Thanks, everybody.

Obama will appear Sunday for an exclusive interview on "Meet the Press," as fiscal cliff negotiations come down to the wire before the Dec. 31 deadline.

"Meet the Press" host David Gregory, who sparked controversy and prompted a D.C. police investigation after holding up an empty gun magazine during last Sunday's interview with National Rifle Association executive Wayne LaPierre, will return from vacation to conduct the interview with the president.

This will be the President's 11th appearance on "Meet the Press" and his second time as the Commander-in-Chief. His most recent appearance was on September 20, 2009, during the health care reform fight.

President Barack Obama said in his weekly address on Saturday urged House Republicans to extend the middle class income tax cuts for 98% of Americans and 97% of small businesses without delay, and made clear that a balanced approach to deficit reduction means that they -- and we all know this means John Boehner -- must agree to ask the wealthiest Americans to pay higher tax rates.

The Democratic-controlled Senate has approved the measure, but Obama said House Republicans have "put forward an unbalanced plan that actually lowers rates for the wealthiest Americans." Obama supports a plan to raise taxes on families earning more than $250,000.

"Now, Congress can avoid all this by passing a law that prevents a tax hike on the first $250,000 of everybody’s income. That means 98 percent of Americans and 97 percent of small businesses wouldn’t see their income taxes go up by a single dime. Even the wealthiest Americans would get a tax cut on the first $250,000 of their income. And families everywhere would enjoy some peace of mind."

"The Senate has already done their part. Now we’re just waiting for Republicans in the House to do the same thing. But so far, they’ve put forward an unbalanced plan that actually lowers rates for the wealthiest Americans. If we want to protect the middle class, then the math just doesn’t work."

While Mr. Speaker mulls this all over, he might want to keep in mind that a new poll released Friday revealed that 48 percent of Americans trust Obama to come up with solutions to current economic problems, compared to just 32 percent who trust congressional Republicans to do the same. So come January, if that majority of Americans see their taxes raised, they certainly won't forget it the next time they head to the polls.

"We can and should do more than just extend middle class tax cuts. I stand ready to work with Republicans on a plan that spurs economic growth, creates jobs and reduces our deficit – a plan that gives both sides some of what they want. I’m willing to find ways to bring down the cost of health care without hurting seniors and other Americans who depend on it. And I’m willing to make more entitlement spending cuts on top of the $1 trillion dollars in cuts I signed into law last year."

Mr. President, I really wish you would stop giving away benefits for the people who need them the most. The Republican congress would just as soon hit you over the head with the silver tray that you're trying to hand over those entitlement cuts on.

"But if we’re serious about reducing our deficit while still investing in things like education and research that are important to growing our economy – and if we’re serious about protecting middle-class families – then we’re also going to have to ask the wealthiest Americans to pay higher tax rates. That’s one principle I won’t compromise on."

Here's the problem, the GOP does not care about anyone but America's wealthy few, -- we all know this -- isn't it time everyone let John Boehner know what they think of his obstruction? If you haven't contacted him yet, light up his phones on Monday morning.

A full transcript of the President's remarks are available online here.