President Barack Obama and Vice President Joe Biden will meet with congressisonal leaders Friday at 3 p.m. in the Oval Office as the two parties search for ways to avert a series of end-of-the-year tax increases and spending cuts .
Obama and Biden will meet with House Speaker John Boehner, R-Ohio, Senator Harry Reid, D-Nev., Senate Minority Leader Mitch McConnell, R-Ky. and House Minority Leader Nancy Pelosi, D-Calif.
The president called each of the four Wednesday night but has not met with the four since just after the his re-election in November.
The Senate is in session but the House does not return until Sunday.
Read more here.