Re-elected, Obama heads back to divided government

One day after a bruising, mixed-verdict election, President Barack Obama and Republican House Speaker John Boehner both pledged Wednesday to seek a compromise to avert looming spending cuts and tax increases that threaten to plunge the economy back into recession. Added Senate Majority Leader Harry Reid, D-Nev. “Of course” an agreement is possible.

By: By David Espo, Associated Press, The Jamestown Sun