Senate Majority Leader Harry Reid (D-NV) offered his take on the fiscal cliff in a floor speech Tuesday, calling on the House to take up the Senate-passed bill to avert tax hikes on middle incomes.
An excerpt from Reid's speech:
"In fact, we could avert the fiscal cliff for 98 percent of American families and 97 percent of small businesses today. The House must only consider the Senate-passed bill freezing tax rates for those making less than $250,000 a year.
"This Congress is but one vote away from avoiding the fiscal cliff for middle class families and small businesses.