The rhetoric heated up Thursday as time on the clock wound down for a fiscal crisis deal, with lawmakers trickling back into Washington and no plan of action in place for averting the tax hikes and spending cuts scheduled to hit next week.
President Obama returned Thursday afternoon from vacation in Hawaii, as the Senate gaveled into session for unrelated business. House leaders announced that members will return late Sunday – but that leaves just one full day to act on any legislation before the deadline passes.
Rumors were flying Thursday afternoon about last-ditch efforts to craft some sort of a scaled-back package that can shield most Americans from the more than $500 billion in tax hikes scheduled to take effect Jan. 1.
But with hope fading, Senate Democratic Leader Harry Reid said on the floor that “it looks like” the nation is going to miss the deadline.
Reid also put all the blame on House Speaker John Boehner, likening him to a dictator and claiming he was putting his speakership before the good of the country.
"John Boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing," Reid said. "He's waiting until Jan. 3 to get re-elected as speaker before he gets serious with negotiations because he has so many people ... that won't follow what he wants."
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