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Fiscal Cliff Deadline: Sunday 3 P.M.

Reid and McConnell work into the night.

Fiscal cliff negotiations have hit yet another standstill, the Senate announced Sunday afternoon. With only two days left before the nation barrels off the fiscal cliff, Senate leaders negotiated into the night over a new plan on taxing the rich, among other things. While the House and Senate are closed until Sunday afternoon, Harry Reid and Mitch McConnell were working hard—aides carried papers between the two leaders’ offices, only 60 steps apart. Reid confirmed Sunday that McConnell had made an offer Saturday night but said Sunday, "at this point we are unable to make an offer." He's reached out to Vice President Joe Biden for help. The deadline is Jan. 1, but Reid and McConnell have set Sunday at 3 p.m. as when the “clock ends.” That way, legislation will be set by Sunday night, and a vote will be held Monday afternoon. But you know how that goes.