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Finger-pointing, pessimism as 'fiscal cliff' looms

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    Mike Emanuel reports from Capitol Hill

  • Duration 2:45
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Good evening I'm going to be going in -- -- -- is just four days now until we head over the fiscal cliff and what initially look like a Tug of war.

Now seems like those childhood I go you go games but with neither side showing willingness to go first.

-- congressional correspondent Mike Emanuel on where we stand now like.

If we go over the -- and looks like that's where we're -- But pessimistic tone from the senate majority leader with the US economy heading for the fiscal cliff in a matter of days.

-- Obama and senators cut their Christmas vacation short with time running out for a deal to be struck.

The president called the top four congressional leaders last night.

A spokesman for senate Republican leader Mitch McConnell said quote.

The leader is happy to review what the president has in mind but to -- the senate Democrat majority has not put forward a plan.

Late today McConnell expressed frustration.

This is a conversation we should have had.

Months ago.

And Republicans aren't about to write a blank check for any time senate Democrats put forward -- because.

We find ourselves.

At that edge of the flow.

That wouldn't be fair to the American people.

The only visible sign of White House hour reached today was Vice President Biden visiting Capitol Hill to swear in Hawaii's new senator Brian shots.

Though when asked by reporters if he's going to help solve the fiscal cliff.

Biden jokes cliff what cliff meanwhile the top senate Democrat Harry Reid continued blaming the Republicans in speaker John Boehner.

The American people I don't think you understand the house represented -- operating without the House of Representatives.

It's being operated with a dictatorship.

Of the speaker not allowing the vast majority of the council.

-- -- -- to get what they want.

Aides to Boehner suggested -- should spend more time legislating and less time talking.

House GOP leaders have decide to have the House of Representatives return on Sunday December 30.

To be available in case there's a deal in the final hours today a pessimistic house Republican predicted.

The US is heading over the cliff.

Keep in mind what goes away next week it's the bush tax cuts which the Democrats have -- since they -- a place to a decade ago.

And it's also severe military cuts which many folks the Democrat party.

I would love to have -- -- if they can blame somebody else I don't.

Don't automatically assume the president wants to cut a deal I think he wants to wait and see -- he is blamed for before -- starts.

Really negotiating.

The negotiations may be picking up late today senator Reid the majority leader.

Was visiting senator McConnell the minority leader's office and there's been talk all afternoon about the possibility of a White House meeting tomorrow.

With the president and key congressional leaders dug.

Mike thank you very much.

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