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Treasury Secretary Timothy Geithner looks on at right as Senate Majority Leader Sen. Harry Reid of Nev., makes remarks on Capitol Hill in Washington, Thursday, May 14, 2011, after a meeting with Democrats about the debt limit . (AP Photo/Evan Vucci)

WASHINGTON (AP) — Testy lawmakers and President Barack Obama headed back for a fifth day of debt-limit negotiations Thursday, pointing fingers at each other while trying to stave off a government financial default. No “hallelujah moment” was likely by day’s end, White House spokesman Jay Carney said, with Friday shaping up as an important decision day.

As the negotiations entered a perilous endgame. Federal Reserve Chairman Ben Bernanke warned of economic damage and an anxious Wall Street envisioned catastrophe if the U.S. defaulted on its obligations.

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