The United States senate last Sunday after a day still sharp opposition to avoid automatic income tax increases and spending cuts deep government in January 1, can make whole economy into a new recession play.
Although tie-breaking called on President barack Obama and the senate republican house speaker John boehner, senate majority leader harry Reid, the Democratic Party announced that congress will not return to work until Monday morning 11 - New Year's eve - a last chance to avoid the so-called fiscal cliff.
Try to remember, sounds optimistic, he said the door will continue to discuss.
"And the distance between the two significant, but negotiations continue," he said. "And the rest of the time to reach an agreement, we intend to continue to negotiate.
But the senator sounds is not optimistic, because they are from different closed door meetings - a Democrats, for the republican appear.
"We were told not to let the New Year's eve plan," the democratic senator Claire McCaskill of Missouri McCartney kass Kiel told reporters.
Someone said, they still hope.
The second number Democrats, Illinois dick durbin told reporters that he is "sure" encouraged that republican demand falls, cuts to social security benefits, such as maturity about 2 million americans extended unemployment benefit conditions. Obama has table shows, prolong unemployment benefit of any transaction, he one of the top priorities.
Durbin said: "now, they support it, maybe we can make some progress - I hope,".
Obama earlier, "link" consumer price index - basically is a not so generous measure of the rising cost of living - but only guarantee the poorest beneficiaries and provide social security welfare index only as a wider range of deficit reduction plan.
Previously, the republican senate minority leader MaiKangNaiEr complain, Democratic Party has not give him to bargain on Saturday night at 7 in providing a GOP suggestion. MaiKangNaiEr speech at least two times through the phone and vice President Biden (Joe Biden) in trying to bring "quick start" an impasse in negotiations.
Even if MaiKangNaiEr and reed last minute compromise, the agreement still need to clear the senate and the house of representatives running time is very short - is no easy task.
Last year the bush era of income tax prolong the past January 1 maturity, the two sides have been in odds form bright. Obama's presidential campaign, republican aim is to make the tax increase income of more than us $250000 set higher threshold.
Tax threshold is not the only argument.
Obama and most Democrats hope to extend unemployment benefit, but the republican "chain CPI" social security associated with the request. Durbin said, fake watch changes, it is unclear what will happen to the unemployed help,.
Obama and most Democrats want to see real estate tax pay great heritage rise. Republicans want from their so-called "death tax exemption house".
Both sides are at millions of americans had a sudden pay alternative minimum tax and eye covetously way, to keep the proportion to submit an expense account to pay the doctor's medical insurance cover treatment be cut.
Maine republican senator Olympia snow, on Sunday blasted away the last minutes of negotiations, left the United States tax payers dislike and fear "humorous imitation".
"Start, the beginning of this congress - in the past two years, we have seen the failure of history, historical failure," snow said. "The two sides and the government has brought great difficulty and burden to the average American."
Snow, who is retired and years of congress in Washington said, in the fierce factionalism largely contributed to her decision to leave.
 



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