RAW VIDEO: President Obama Press Conference

Created: 11/14/2012 1:51 PM KSTP.com By: Shane Delaney

In his first postelection news conference, Obama also reaffirmed his belief that the U.S. can't afford to continue tax cuts for the wealthiest Americans, a key sticking point in negotiations with Republicans over the impending "fiscal cliff." He said, "The American people understood what they were getting" when they voted for him after a campaign that focused heavily on taxes.