'Fiscal cliff': Finger-pointing furiously, Congress slouches toward deadline
Speaker Boehner, who called the House back into session Sunday evening, said Thursday it was up to the Senate to act, while majority leader Reid spoke on the Senate floor of a 'dysfunctional' GOP caucus.
In a last bid to avert the "fiscal cliff," House Speaker John Boehner (R) of Ohio is calling the House back into session for votes on Sunday evening, but without a sign from either side of the aisle of a new offer that might make a breakthrough possible before the Jan. 1 deadline.
Instead, the leadership of both houses of Congress engaged in a flurry of finger-pointing Thursday, with each saying the other was to blame for the likelihood of the deadline being missed to avoid the fiscal cliff of tax hikes and spending cuts.
It's all up to the Senate, Mr. Boehner told House Republicans in a conference call in the afternoon, in a reprise of his comments after failing to get necessary party support last week for his own "Plan B" fallback maneuver while negotiating with President Obama. The House acted back in August to stop all the tax-rate increases and replace mandated spending cuts, or the sequester, with "responsible spending cuts," he reiterated. "These bills await action by the Senate."
"Once this has occurred, the House will then consider whether to accept the bills as amended, or to send them back to the Senate with additional amendments," he added. "The House will take this action on whatever the Senate can pass – but the Senate must act."
Meanwhile, Senate majority leader Harry Reid, who had called the Senate back into session on Thursday, blasted Boehner and a "dysfunctional Republican caucus" for the deadlock.
“It’s obvious what’s going on. He’s waiting until Jan. 3 to get reelected to speaker, because he has so many people over there that won’t follow what he wants,” he said in a floor speech opening the Senate.
The way to avert the fiscal cliff is for the House to pass a bill that extends the Bush tax cuts for all but those families earning more than $250,000 in income, he added. The bill passed the Senate last July with no Republican votes.