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Fiscal Cliff Discussions Continue As Pressure Mounts
Senators and staffers will be filling empty hallways today trying to work out a deal to avoid the fiscal cliff.
Higher taxes will give the average Americans about $1,500 less to spend next year. Economists believe the $110 billion spending cuts will result in more layoffs.
Senator Harry Reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short term spending cuts until a bigger deal can be reached.
"It is going to be a patch because, in four days, we can't solve everything,” said Reid.
While senators try to brave the bad weather that's hit many parts of the country in order to make it back to Washington, the leaders in the house say they will not leave home unless the senate passes its bill first.
House republicans scuttled a proposal from Speaker Boehner last week and 48% of Americans say they are to blame if no deal is reached.
"Both sides here have a problem with the American people and it's why Congress has a 11% job approval rating."
Republican Pollster Frank Luntz says Americans are fed up with gridlock in Washington.
"There is no compromise, and I think that's going to grow as a concern among the public as we move into 2013."
Even Starbucks is urging both sides to compromise. Its employees are now writing "come together" on coffee cups in all Washington, DC area stores.