WASHINGTON (AP) — Testy lawmakers pointed fingers at one another and President Barack Obama on Thursday as negotiations over raising the national debt limit entered a perilous endgame. Wall Street eyed the standoff with growing anxiety, warning of catastrophe if the U.S. defaults on its obligations.
Obama's blunt declaration that "enough is enough" as Wednesday's talks ended did nothing to quell the rancor as a new day of positioning and posturing began.
Senate Majority Leader Harry Reid rose on the Senate floor early Thursday to snipe that House Minority Leader Eric Cantor shouldn't even be part of the talks anymore, noting that the Virginia Republican has been called "childish." And not long after, Senate Republican Leader Mitch McConnell stood to serve notice that the debt problem belonged squarely in Obama's lap.
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