Economy
Originally published on Sun December 30, 2012 5:55 pm
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Transcript
JACKI LYDEN, HOST:
This is WEEKENDS on ALL THINGS CONSIDERED from NPR News. I'm Jacki Lyden.
Time is quickly running out for Congress to strike a deal blocking automatic tax hikes and spending cuts that kick in within the New Year. Despite the presence of Vice President Joe Biden at the White House and a flurry of proposals passed back and forth today between Senate Republicans and Democrats, things seem to have reached an impasse this afternoon. Senate Majority Leader Harry Reid has said that nothing will happen this evening.
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