Reid: We Agree On How To Resolve 97-98 Percent Of Fiscal Cliff

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.


Sahil Kapur is TPM's senior congressional reporter and Supreme Court correspondent. His articles have been published in the Huffington Post, The Guardian and The New Republic. Email him at and follow him on Twitter at @sahilkapur.