Perhaps a "beer summit"? Does Obama know any other way to get things accomplished in Washington that doesn't involve a teleprompter?
Back here in the real world, why would the Republicans - for either political or philosophical reasons - agree to this new kumbaya offer? There's no political gain to negotiating for legislation that a majority of Americans dislike and Republicans have zero interest in setting up a new government entitlement on top of the groaning, New Deal-era programs that are already bankrupting the country.
I can see the peevish response from the White House already: the GOP is the "party of no" interested only in obstructionism. Good luck with that, Axelrod. It was devastating against Senator Scott Brown.