President Obama pressures Republicans to negotiate fiscal deal

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WASHINGTON--The fiscal cliff negotiations continue with a little more than 24 hours before taxes are set to go up for virtually every American worker.

Senate Minority Leader Mitch McConnell asked Vice President Joe Biden to get involved in a last-minute effort to avert the increases on Saturday night, but top Senate Democrat Harry Reid said "At this point we are unable to make a counter-offer."

Democrats said the Republican proposal called for changing the formula for calculating social security benefits increases.

McConnell said there is no single issue blocking an agreement, but said "The sticking point appears to be a willingness, an interest, or courage to close the deal."

Source: http://coastal.news14.com/content/top_stories/679440/president-obama-pressures-republicans-to-negotiate-fiscal-deal

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