Waiting waiting waiting....
December 31st, 2012
07:56 AM ET

Waiting waiting waiting....

Everyone is back early from their holiday vacations , the president, the vice president, the Senate and even the House of Representatives. The whole gang is here in D.C. So with everybody in town and focused on the issue at hand, will lawmakers avert what has been described by some as a national crisis?

So far the public schedule is empty. We can only hope the leaders will have something to announce later in the day.

Here is the latest CNN wire on the negotiations.

(CNN) - With only hours left Monday to avert what economists predict will be a one-two punch to the U.S. economy, Senate Democrats and Republicans were trying to negotiate a last-minute deal aimed at heading off a year-end combination of spending cuts and tax increase that could trigger a new recession.

The Senate was scheduled to reconvene at 11 a.m. ET on Monday when Majority Leader Harry Reid said he hoped to have an announcement despite acknowledging on Sunday that there was "still significant distance between the two sides."

The negotiations hit a major stumbling block Sunday over a Republican demand that a deal to avoid the "fiscal cliff" include changes to Social Security benefits, even as the two sides appeared close to agreeing on who would be required to pay more taxes once the Bush-era tax cuts expire.

Republicans have since dropped a demand that changes to how Social Security benefits are adjusted for inflation be included in a deal, but not before Democrats and Republicans accused one another of gamesmanship in the negotiations.

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soundoff (40 Responses)
  1. justAmigo

    No deal before the last day, it's already a scandal !!!

    December 31, 2012 at 8:29 am |
  2. lapazjim

    Head off a crisis of this magnitude!! Do you really believe that they want to head off this Fiscal Cliff?? I believe they want us to go into this new recession/depression so that they can then grab more control of this country.Especially Obama and his "my way or no way attitude" and his not willing to compromise with anybody.
    We should all be wondering what Obama's motives are and what he actually has planned.It may be that he wants to destroy this country in one way or another.Then maybe not!! He may be trying to do what he feels is best for the people,but is he really??
    Either way Ladies and Gentlemen you will need to grab on for the rides of your life and do not forget the Vaseline because all of america will be bending over!!!!

    December 31, 2012 at 8:33 am |
  3. msbpodcast

    Boehner was NEVER interested in any sort of deal.

    He knows that the alleged bitter pill known as the "fiscal cliff" is necessary.

    Why else would he have spent weeks hiding out with Obama, who can't do a damn thing other than refuse to pass an act decided upon by congress and/or the senate, rather than rallying his own republicans to support his "Plan B?"

    The alleged negotiations were literally a waste of time and a stalling tactic white the clock has been running out on any real action.

    December 31, 2012 at 8:49 am |
  4. Wendy H

    That is caused by the pledge of allegiance the Republicans made to Grover....to help the richest of the rich and screw the middle class

    December 31, 2012 at 12:07 pm |
  5. steveo

    So far the public schedule is empty

    Good. More time to work! None of you guys and gals are Cinderella, so no running off at midnight! GET IT DONE! We are the bosses, you in DC are in our employment! Seems like you have forgotten that! That goes for lefties, righties, and the handful in the middle!

    December 31, 2012 at 3:58 pm |
  6. diana m cox

    just read the house voted on various other things and are done. leaving us all to take the plunge. it is unbelievable what utter hatred and spitefulness is capable of. this is treasonous. the national guard should barracade the building and force them at gunpoint to vote.

    December 31, 2012 at 6:18 pm |
  7. Dan B

    As usual, Congress is waiting to the last minute.

    December 31, 2012 at 9:10 pm |
  8. Marie

    GO McConnell for working out a deal, and Biden too I guess even though the Democrats got most of what they wanted- not exactly a negotiation, but still. Why couldn't Obama do it, but Biden could.

    December 31, 2012 at 10:15 pm |
    • Caramon

      Charles Krauthammer recently stated that McConnell was a good negotiator and wouldn't be surprised at all if he got it done. I guess he was right.

      December 31, 2012 at 10:24 pm |
      • jean2009

        Actually it was Biden. McConnelll is just a nasty old man. Don't count on the disfunctional GOP house to not mess it up.

        January 1, 2013 at 11:47 am |
      • DEcember 2012

        IT DOESN'T REALLY MATTER WHO DID WHAT, WHAT MATTERS IS HOW VOTING FOR THIS IS GOING TO BE PERCEIVED COME ELECTION TIME.

        CALL ME CYNICAL BUT THERE WAS REALLY NO REASON FOR THIS TO COME THIS LATE.

        January 1, 2013 at 12:32 pm |
      • Steveo

        Jean,

        So Biden negotiated this all by himself? Really?

        January 1, 2013 at 3:39 pm |
      • Steveo

        December

        OK, I'll bite. Your cynical But I am in agreement, this should have been dealt with a long time ago!

        January 1, 2013 at 3:41 pm |
      • DEcember 2012

        IT'S SIMPLE REALLY. NO REPUBLICAN WANTS TO BE ACCUSED OF RAISING TAXES COME ELECTION TIME.

        January 1, 2013 at 4:56 pm |
      • Caramon

        Really Jean. Were you there or are you making an assumption? Remember, it takes two to negotiate.

        January 1, 2013 at 9:51 pm |
      • DEcember 2012

        I THINK JEAN WAS JUST SPEAKING OUT OF DISDAIN FOR MCCONNELL WHICH I SHARE ON SOME LEVEL BUT I HAVE TO GIVE THE GUY PROPS. BOTH HE AND BIDEN SAVED THE COUNTRY FURTHER EMBARRASSMENT.

        January 1, 2013 at 11:15 pm |
    • DEcember 2012

      GOOD FOR THE SENATE. I THINK THEY ALL AGREED ON THE 400,000 OR 450,000 THAT OBAMA BACKED DOWN TO FROM 200,000 AND 250,000. IT'S NOW UP TO THE HOUSE TO FINALLY TAKE THE REVENUE DEAL SO THEY CAN TALK SPENDING CUTS IN THE NEXT ROUND. I'M HOPING FOR SOME SANITY FOR ONCE, I'M CROSSING MY FINGERS.

      January 1, 2013 at 11:15 am |
      • jean2009

        I think that $400K was in his cards to begin with.....in some parts of the country (east coast/west coast) with two wage earner families $250K is not rare.

        January 1, 2013 at 1:04 pm |
      • Steveo

        Jean,

        If $450K was in his cards, don't you think that should have been stated earlier instead of play politics with it? Folks are treating this like a poker game!

        January 1, 2013 at 3:36 pm |
      • DEcember 2012

        THAT DOESN'T REALLY MATTER. PLAN B WAS FOR OVER A MILLION AND IT STILL FAILED! IT'S ALL ABOUT TIMING.

        January 1, 2013 at 4:57 pm |
    • Marie

      I think they should've done this earlier. What I don't get is why the president couldn't do this but Biden could. And I'm not sure that this will pass the House

      January 1, 2013 at 4:31 pm |
      • DEcember 2012

        BIDEN'S GOT NOTHING TO DO WITH IT.

        January 1, 2013 at 4:58 pm |
      • Caramon

        According to Jean, it was all Biden.

        January 1, 2013 at 9:52 pm |
      • DEcember 2012

        WELL, IT'S NOT. YOU CAN'T HAVE A NEGOTIATION ALL BY YOURSELF. BOTH BIDEN AND MCCONNELL DESERVE SOME CREDIT BUT FRANKLY, THIS IS ALL TOO CONVENIENT AND I CREDIT EXHAUSTION AND DESPERATION MORE THAN ANY TWO PERSONS.

        January 1, 2013 at 11:06 pm |
      • Caramon

        Total agreement December. However, it comes as little surprise that a deal was worked out in the final hours......again

        January 2, 2013 at 9:38 am |
      • steveo

        I CREDIT EXHAUSTION AND DESPERATION MORE THAN ANY TWO PERSONS.

        December, I agree with that assessment but they brought all of that upon themselves!

        January 2, 2013 at 3:23 pm |
  9. Dan B

    Happy New Year!!!!

    January 1, 2013 at 12:31 am |
  10. Frank Marshall Davis

    The Senate needs to bed flipped badly, we can't go on and on without an operating budget plus they never act on the house bills, at least put them to a vote.

    January 1, 2013 at 8:10 am |
    • Just a thought

      What planet are you from there Frank? Have you seen those house bills? If you are into essentially leaving Grandma without healthcare, then the GOP/Tea Fool House bills are for idiots like you. Tell ya what, read Paul Ryan's Budget, you know the one that American's soundly rejected this past Nov, and get back to me.

      By the way, you might want to get back to the planet you are from. We earthlings refused to let idiot GOP/Tea a Tards run this country into the ground. Now, get ur stuff and get to movin' along – LOL

      January 1, 2013 at 10:17 am |
    • jean2009

      In my opinion it is a blessing they don't act on the House bills.

      January 1, 2013 at 11:50 am |
    • jerry

      cuts cuts cuts...either now or later when it really will hurt. We need an adult president and need to knick out the marxists to boot. Trim now or bread lines later....your choice.

      January 1, 2013 at 5:14 pm |
  11. Marie

    Just a Thought, at least the House passed a bill. When the Senate passes one, then you have a ground to stand on.

    January 1, 2013 at 4:32 pm |
    • Marie

      I meant budget

      January 1, 2013 at 4:32 pm |
    • December 2012

      A BUDGET PROPOSAL THAT LOST DECISIVELY WHEN OBAMA GOT RE-ELECTED. YOUR VP CANDIDATE HAD HIS NAME ALL OVER IT AND IT DIDN'T HELP MITT ROMNEY ONE BIT.

      January 1, 2013 at 6:22 pm |
    • Dan B

      But at least one got passed. I believe your president also passed a budget that didn't even receive Dem support if the talk is of failing budgets.

      January 1, 2013 at 6:37 pm |
      • December 2012

        HE WON THE ELECTION AND CONGRESS IS A JOKE. THEY ARE SUCH A JOKE THAT A COUPLE OF REPUBLICANS IN THE HOUSE AND SENATE RIPPED OFF NUMBERS FROM OBAMA'S BUDGET PROPOSAL WITHOUT THE SPECIFICS AND CALLED IT 'OBAMA'S BUDGET.' THE TOXICITY LEVEL WAS SO HIGH THAT THEY PUT A GUN TO THEIR HEAD AND CALLED IT THE FISCAL CLIFF.

        January 1, 2013 at 6:56 pm |
    • Dan B

      Just because he won doesn't mean he didn't pass that budget. He isn't great with the economy.

      January 1, 2013 at 11:23 pm |
  12. jerry

    sequester...this senate offer is just a $600,000,000,000.00 tax hike with little spending cuts...it is a joke. Lets deal with the marxist obama on the debt ceiling increase coming....tie his hands and roll back his spending plans.

    January 1, 2013 at 5:11 pm |
    • December 2012

      THE ONES CRYING THE MOST ABOUT THE SEQUESTER ARE REPUBLICANS.

      January 1, 2013 at 6:20 pm |