Live-blogging Obama's press conference
http://firstread.msnbc.msn.com/_news/2010/12/22/5697552-live-blogging-obamas-press-conference-4:40 pm: Obama says he wants to "immediately engage with Republicans" on energy policy.
4:39 pm: While we "celebrate wealth" in this country, we should also reward those who contribute to the community without getting rich, Obama says.
4:37 pm: A thriving middle class has always been "the greatest strength of America."
4:36 pm: On the tax cut deal: "Compromise by definition means taking things you don't like ... the overall package was the right one."
4:34 pm: Obama reiterates his stance on tax cuts for the wealthy despite his recent two year compromise extension with the GOP: "I don't think that over the long run we can afford a series of tax breaks for people who are doing very well."
4:31 pm: Republicans recognize that "with greater power comes greater responsibility."