See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Reid says lawmakers 'still apart' on fiscal deal, tax hikes just hours away

Posted on AllSides December 31st, 2012
From The Right

With roughly 12 hours left before the fiscal crisis deadline, Senate Democratic Leader Harry Reid took to the floor Monday to announce that Senate leaders still had not reached an agreement -- upping the chances that the New Year's Eve ball drop will coincide with massive tax hikes and spending cuts.
"We really are running out of time," Reid said. "Americans are still threatened with a tax hike in just a few hours."
Republican senators on Monday were expressing "optimism" about the progress of discussions which stretched late...

Read full story

AllSides Picks

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right