Obama to Hill: People want action, cooperation Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 10:35 a.m., Friday, November 16, 2012 In news conferences and other public statements, Obama and the congressional leaders have been setting negotiating markers for a debt deal. The White House says Obama's starting point for negotiations is his February budget plan, which combined $1.6 trillion in new revenues over the coming decade — chiefly from upper-income earners — with modest cuts to benefits programs. In the run-up to the meeting, Obama has been firm that taxes are going up on upper-bracket earners, though Boehner and McConnell are adamant that his campaign promise of raising the top income tax rate on family income exceeding $250,000 a year is a non-starter. [...] newly re-elected, Obama is putting Republicans on notice that he's willing to mount a national campaign blaming them for holding up renewed tax cuts for most with an ultimatum against renewing them for top income earners. Liberal Democrats are adamant that a compromise on taxes and spending not touch Social Security or raise the eligibility age for Medicare. Both ideas were in the mix when Obama negotiated with Boehner last summer, but Reid, the Senate Democratic leader, insists that ideas like a lower inflation adjustment for Social Security are off the table now.