President Obama made a short remarks Friday afternoon following the White House meeting with Congressional leaders on the Fiscal Cliff. He remains “modestly optimistic” that a deal can be reached, and said that now is the time for action.

Listen to some of the President’s remarks below:

Following the meeting, Republican Senator Mitch McConnell also remains optimistic.

Listen to Senator McConnell below:

FOX News Radio’s Jared Halpern reports from the White House:

Emerging from an hour or so oval office meeting, Congressional leaders are expressing renewed optimism a fiscal cliff solution can be crafted this weekend.

Reid: “I think that the next 24 hours will be very instructive as to what we’re able to accomplish.”

Senate Majority Leader Harry Reid and Republican counterpart Mitch McConnell signaling a possible vote Sunday. An aide to House Speaker John Boehner says all sides agree the next step must come from the Senate.

At the White House, Jared Halpern, FOX News Radio.

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