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Tipsheet

Americans: We're Going Over the Fiscal Cliff

Americans: We're Going Over the Fiscal Cliff

We're five days away from fiscal cliff doom. President Obama cut his Hawaii vacation short to return to Washington in hopes of cutting a deal before January 1. Despite this action, law makers and Americans are growing more pessimistic about whether a deal will actually get done according to Gallup.

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 Americans' optimism that President Barack Obama and congressional leaders will reach a budget agreement before Jan. 1 has waned somewhat over the past week. Fifty percent now believe this and 48% are doubtful, a change from the previous three weeks, when the solid majority of Americans were generally confident leaders would reach a deal to avert the so-called fiscal cliff.

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Meanwhile, the White House is blaming the economic fallout of the approaching cliff on Congressional "stupidity" as John Boehner puts even more plans to avert a crisis on the table.

With only days to come up with a deal to avoid the fiscal cliff, the White House said “congressional stupidity” was damaging the economy but that an agreement could be reached if Republican leaders don’t get in the way.

Boehner and other GOP leaders issued a statement today following a conference call saying: “The House has acted on two bills which collectively would avert the entire fiscal cliff if enacted. Those bills await action by the Senate.  If the Senate will not approve and send them to the president to be signed into law in their current form, they must be amended and returned to the House.”

While Boehner put the onus on the president and Senate Majority Leader Harry Reid, a White House official used testy language to  put the responsibility back on Boehner and Senate Minority Leader Mitch McConnell.

“What we need is for the Senate Minority Leader not to block a vote and for Boehner to allow a vote,” a White House official told ABC News. “The hits to our economy aren’t coming from outside factors, they’re coming from congressional stupidity.”

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