Nation Is Heading Over Fiscal Cliff, Reid Says

WASHINGTON (AP) -- Senate Majority Leader Harry Reid says the government appears headed over the so-called fiscal cliff because of a lack of progress in bipartisan negotiations.

The Nevada Democrat says it's up to congressional Republicans to come up with a plan that both houses would pass and President Barack Obama would sign.

Reid says of missing the Dec. 31 deadline to avoid the fiscal cliff: "It looks like that's where we're headed."

Major tax hikes and spending cuts will hit most Americans if Congress and the White House don't reach a compromise by the year's end.


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  • Report this Comment On December 27, 2012, at 11:10 AM, miteycasey wrote:

    blame, blame, blame., blame, blame....blame some more.

    Part of negotiation is each side getting and giving. Neither side wants to give anything.

  • Report this Comment On December 27, 2012, at 11:29 AM, Johny205 wrote:

    All of the jack asses in Washington should be fired. None of them know how to compromise, they act like little children. They only care about their own personal interests and interests of people who donate money to them or pay them off.

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