Anderson Cooper 360

Obama, congressional leaders to discuss impending fiscal cliff

President Barack Obama and congressional leaders will discuss the looming fiscal cliff impasse Friday at the White House, aiming for a last-minute deal to stave off automatic tax increases and spending cuts.

The 3 p.m. meeting - which will include Obama, Vice President Joe Biden, House Speaker John Boeher, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell - will come days before the deadline to reach a deal, and after another day of Republicans and Democrats blaming each other for the stalemate.

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