Senate Majority Leader Harry Reid, D-Nev., addresses reporters about ongoing discussions about the so-called fiscal cliff on Dec. 18.
Credit Karen Bleier / AFP/Getty Images
Even as Air Force One was about to land in suburban Maryland this morning — bringing President Obama back from his vacation in Hawaii to resume negotiations aimed at avoiding the so-called fiscal cliff of automatic tax increases and spending cuts — Senate Majority Leader Harry Reid was on the floor of the Senate warning that a dive off that cliff seems inevitable.
Will the lights be on late at the White House for the next few nights, or will talks about the "fiscal cliff" be less than dramatic?
Credit Larry Downing / Reuters /Landov
President Obama is "cutting short" a vacation that he'd already said he would cut short. "See you next week," he told reporters last week before leaving for Hawaii. The president is now due back at the White House on Thursday, which is pretty much what was expected. His family will stay in Hawaii until after the New Year.
Senators are also coming back to Washington, but many aren't likely to get to the Capitol until Thursday evening.
This is WEEKEND EDITION from NPR News. I'm Rachel Martin. Could eggnog be the antidote to the looming fiscal cliff? President Obama expressed this very hope as he left town for Christmas in Hawaii on Friday, saying maybe eggnog and Christmas cookies could put lawmakers in a more cooperative mood in time to prevent the automatic tax hikes and spending cuts set to take effect with the new year. The president said lawmakers might also benefit from a short cooling-off period outside the partisan pressure cooker here in Washington.