Scott Horsley

Treasury Secretary Timothy Geithner says it's up to congressional Republicans to take the next step in budget talks to avoid the pending automatic spending cuts and tax increases at the end of the year.

Appearing on the Sunday talk shows, Geithner said there's "no path to an agreement" until Republicans are willing to accept higher tax rates on the rich.

President Obama is hoping the same campaign tools that helped him win re-election will also deliver a policy win in the fight over federal taxes.

The president wants Congress to extend Bush-era tax cuts for most Americans, while allowing taxes to go up for the wealthiest 2 percent. His aides are using email, social media and beyond-the-Beltway campaign appearances in hopes of putting pressure on Republican lawmakers.

President Obama is winging his way home from Asia Tuesday. The White House insists domestic budget concerns won't affect U.S. investment in Asia, which was the point of the president's three-nation tour this week. But some in the region are not so sure.

President Obama meets with labor leaders at the White House on Tuesday to discuss how to steer clear of the so-called fiscal cliff. It's the first of many meetings aimed at avoiding automatic tax increases and spending cuts at the beginning of the new year.

A week ago, the president proved again that he and his team are good at winning elections. The question now is whether he can translate victory at the ballot box to success in shaping policy.

Transcript

SCOTT HORSLEY, BYLINE: And I'm Scott Horsley, traveling with the Obama campaign. Actually, the president's campaign travel is finished. Mr. Obama spent the night at his own home in Chicago. Today's plans call for some TV and radio interviews and maybe a game of basketball with some friends. Mr. Obama's last reelection rally came last night in Iowa, where 20,000 people gathered just outside the caucus headquarters where he launched his first presidential campaign more than five years ago.

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The presidential candidates will be hopscotching among the handful of states that are most closely contested this weekend. President Obama begins campaigning Saturday where he left off Friday, in the all-important battleground of Ohio.

President Obama offered thoughts and prayers Tuesday for all those who have been affected by Sandy. He also offered something more tangible: the full resources of the federal government.

"The most important message I have for them is that America's with you," he said. "We are standing behind you, and we are going to do everything we can to help you get back on your feet."

For Obama, the federal government is a critical vehicle for that kind of help. Republicans put more faith in local government, and even voluntary efforts.