Prime minister, tony blair. As they await a new heir to the throne, the british consider changing the rules about who can become king or queen. Im wolf blitzer. Youre in the situation room. We begin with president obamas latest ideas for getting past the standoff with House Republicans. He now says there isnt enough time left to do a comprehensive deal, including tax reform, fixing medicare. So he wants congress to raise tax rates for the wealthy right now and putting off the hard work to next year. They have 28 days left to make a deal before the country hits whats called the fiscal cliff. Thats a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. Lets go live to our chief White House Correspondent Jessica Yellin with the very latest. Jessica . Reporter president obama has now personally turned down Speaker Boehners opening offer to avert the fiscal cliff. He did it in a tv interview.
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