Majority Leader Harry Reid speaking about the fiscal cliff on the Senate floor on Thursday. (Photo by MSNBC/Senate pool)
As the Senate convened Thursday, Senate Majority Leader Harry Reid predicted that it is now more likely that the country is headed over the fiscal cliff without a deal to avert more than $500 billion in spending cuts and historical tax increases set for January. On Thursday morning, Reid opened the session with a floor speech chastising House Republicans for not returning to Washington for a chance to negotiate a bipartisan deal. A few hours later, House Republican leaders announced that the chamber will be back in session Sunday evening, on the eve of the fiscal cliff.
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