'Significant differences' stand in way of fiscal cliff deal-Reid
WASHINGTON Dec 30 (Reuters) - U.S. Senate Majority Leader Harry Reid said Democrats and Republicans need to resolve significant differences to reach a deal to averting the U.S. "fiscal cliff" of looming tax hikes and spending cuts.
"There are still significant differences between the two sides," Reid said on the Senate floor, adding that negotiations were continuing.
"There is still time left to reach an agreement and we intend to continue negotiations," he added.
- Air strike kills 15 civilians in Yemen by mistake: officials
- Pope attacks mega-salaries and wealth gap in peace message
- North Korea says Jang Song Thaek, uncle of leader Kim Jong Un, executed
- Probation for drunk Texas teen driver who killed four sparks backlash
- North Korea executes leader's powerful uncle in rare public purge |