House Minority Leader Nancy Pelosi said Friday that the year-end fiscal cliff is too important to discuss the possibility that negotiations between the White House and Congress are at a stalemate. That's what House Speaker John A. Boehner said earlier about the state of negotiations earlier Friday.
"I hope not," Pelosi said, when asked about Boehner's assessment. "Maybe that’s a figure of speech. The country cannot afford nor should we even think in terms of stalemates."
"Why are we stalling?" she said. "This delay is harmful to confidence for consumers. It’s harmful to confidence for the markets."
Pelosi called on Republicans to bring forward a bill passed over the summer by the Senate, which would extend tax cuts first enacted under President Bush for income under $250,000, allowing rates to rise for the wealthy.