Obama, Boehner hold hour-long White House meeting
By Associated Press
Dec 13, 2012 5:26 PM CST
Speaker of the House John Boehner, R-Ohio, walks to the House floor during a vote at the Capitol in Washington, Wednesday evening, Dec. 12, 2012. Boehner and the other House Republican leaders are calling for Obama to come up with plan they can accept for spending cuts and tax revenue to avoid the so-called...   (Associated Press)

The White House "fiscal cliff" meeting between President Barack Obama and House Speaker John Boehner has ended with no immediate indication of progress from either side.

The two leaders met at the White House Thursday night for about an hour. They made no public comments following the sit-down, their second face-to-face meeting of the week.

Obama and Boehner have so far struggled to break their impasse over taxes. The president wants tax rates to rise on the top 2 percent of income earners, which Boehner opposes.

Obama and lawmakers have until Dec. 31 to avoid going over the "fiscal cliff", an economy-rattling series of tax increases and spending cuts.