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MCCONNELL: ‘I’m A Little Frustrated’
In the midst of a frantic, back-and-forth day pertaining to fiscal cliff negotiations, Senate Minority Leader Mitch McConnell is expected to comment on the state of play on the Senate floor.
McConnell’s floor speech will come near the end of a wild day that has led to numerous spikes and tumbles in markets.
Massachusetts Sen. Scott Brown wrote on his Facebook page that President Barack Obama reached out and provided Senate Republicans with another offer to avert the so-called fiscal cliff. Democratic aides denied that report.
Meanwhile, House Speaker John Boehner called the House back to reconvene on Sunday.
We’ll update with McConnell’s comments.
McConnell: “I’m a little frustrated at the situation we find ourselves in.”
McConnell is slamming Democrats, saying that “Republicans have bent over backwards. We stepped way, way out of our comfort zone.” He says they have been trying to “deflect” attention to Republicans because “they don’t have a plan of their own that could get bipartisan support.”
“Last night I told the President we’d be happy to look at whatever he proposes,” McConnell said.
“We’ll see what the president has to propose. … Hopefully there is time for an agreement of some kind.”
Later, he added: “I’m willing to enter into a discussion to see what the President has in mind.”
Senate Majority Leader Harry Reid responded.
“I’m not sure my distinguished Republican counterpart has followed” what has happened in the House, Reid said of McConnell, referring to Boehner’s failed “Plan B” as the “debacle of all debacles.”
“The Republican leader finds himself frustrated that the President has called on him to help address the fiscal cliff,” Reid said.
“Mr. President, you can’t legislate with yourself,” he said, adding that “the Republicans in the House have left town.”