John Boehner, Federal Debt | featured news

Flush with re-election vigor, President Barack Obama on Friday will provide his first public comments on the upcoming negotiations with Congress on how to deal with pending tax hikes and spending cuts that create the so-called fiscal cliff facing the economy at the end of the year.

House Speaker John Boehner says things have gotten a little "frosty" with President Obama in recent weeks, but he still hopes their parties can work together as Congress prepares to confront the federal debt problem. "The president and I have a pretty good relationship," Boehner said on ABC's This Week With Christiane Amanpour. "You know, it's been little frosty here the last few weeks. But we've got a pretty good relationship."