Senate leaders take final crack at fiscal crisis solution, Obama urges 'immediate action'
Excerpt:Though the meeting did not yield a breakthrough or any "concrete" proposals, Senate Democratic Leader Harry Reid and Republican Leader Mitch McConnell gave taxpayers a glimmer of hope by announcing on the floor that the Senate would adjourn Saturday to allow staff to work on a bill. McConnell said he hopes they can come forward with a recommendation as early as Sunday. "We need to have everybody step back a bit," said Reid, who called the meeting "very constructive." The pledge to work on a new bill is by no means a solution to the sweeping set of tax hikes set to hit Jan. 1, followed by steep spending cuts. Lawmakers still have to write the bill, and produce something that can pass both chambers.
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President Obama
Overall Sentiment: 0.0507555
Relevance: 0.90644
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0 | "The hour for immediate action is here, it is now," Obama said. ... |
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Mitch McConnell
Overall Sentiment: 0.214017
Relevance: 0.567033
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0 | "We are obviously running out of time here," McConnell said ... |
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Disambiguation: Politician | Senator | U.S.CongresspersonReferences:
Harry Reid
Overall Sentiment: 0.0320847
Relevance: 0.530387
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0 | "We need to have everybody step back a bit," said Reid, ... |
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Disambiguation: Politician | OfficeHolder | U.S.Congressperson | TVActorReferences:
John Boehner
Overall Sentiment: -0.0181198
Relevance: 0.236087
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Rich Edson
Overall Sentiment: 0
Relevance: 0.216966
Ed Henry
Overall Sentiment: 0
Relevance: 0.200085
Chad Pergram
Overall Sentiment: 0
Relevance: 0.194939
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Additional Info:
Organization: Senate
Overall Sentiment: -0.0137832
Relevance: 0.782288
Organization: White House
Overall Sentiment: -0.110991
Relevance: 0.380843
Organization: Congress
Overall Sentiment: -0.177144
Relevance: 0.334394
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Source URL: Senate leaders take final crack at fiscal crisis solution, Obama urges 'immediate action'
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Senate leaders from both sides of the aisle vowed late Friday to scramble over the weekend to produce a new bill aimed at averting the fiscal crisis, on the heels of a high-stakes White House meeting -- seen as the last chance to come together before the tax-hike deadline next week.
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Senate leaders take final crack at fiscal crisis solution, Obama urges 'immediate action'
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- debt ceiling
- estate tax
- Fox News
- harry reid
- John Boehner
- Medicare
- President Obama
- spending cuts
- tax cuts
- White House
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