As the Senate convened Thursday, Senate Majority Leader Harry Reid predicted that it is now more likely that the country is headed over the fiscal cliff without a deal to avert more than $500 billion in spending cuts and historical tax increases set for January. On Thursday morning, Reid opened the session with a floor speech chastising House Republicans for not returning to Washington for a chance to negotiate a bipartisan deal. A few hours later, House Republican leaders announced that the chamber will be back in session Sunday evening, on the eve of the fiscal cliff.
- Obama calls congressional leaders for update on “fiscal cliff” talks
- Rep. Markey to seek Kerry’s Senate seat
- Ben Affleck says no to Senate run
- L.A. residents exchange guns for groceries
- Hawaii Lt. Gov. sworn into Senate
- George H.W. Bush in intensive care unit of a Houston hospital due to “stubborn fever”