The Hill reports:
Speaker John Boehner (R-Ohio) will deliver a statement Wednesday afternoon on the need for both Republicans and Democrats to find some agreement to avoid the so-called fiscal cliff — a combination of tax hikes and spending cuts that are scheduled for 2013.
Boehner's office said he would call on both sides to seek "common ground" to help the economy and create jobs, which in turn would help reduce the national debt.
Boehner is scheduled to speak at 3:30 p.m. in the Capitol. He'll speak just hours after Republicans maintained their hold on the House of Representatives.