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Reid: No deal on fiscal cliff by Christmas
Posted By -NO AUTHOR- On 12/11/2012 @ 4:34 pm In Money,Politics,U.S. | No Comments
(CNBC) — Senate Majority Leader Harry Reid said Tuesday Democrats aren’t going to make an offer on spending cuts for Republicans and that it will be hard to reach a “fiscal cliff” deal before Christmas.
“Until we hear something from Republicans, there’s nothing to draft,” Reid told reporters in the Capitol, referring to writing legislation to implement a deal.
“It’s going to be extremely difficult to get it done before Christmas.”
The Nevada Democrat made his comments after House Speaker John Boehner accused President Barack Obama of dragging his feet in “fiscal cliff” negotiations.
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