Reid warns time is 'extremely' short to avert shutdown

Senate Majority Leader Harry Reid (D-Nev.) warned Monday that time is “extremely short" to avoid a government shutdown.

“Time we have left is extremely short,” said Reid in a speech on the Senate floor. “The window in which we can avoid the terrible consequence of a shutdown is closing.”

Reid added that the time left to broker a compromise should be “measured in hours” not days, and noted that negotiations are not yet where they should be.

He once again blamed Tea Party element of the Republican caucus for poisoning the negotiations and refusing to compromise.

“They stomp their feet and call compromise a dirty word,” the Democratic leader said.

The continuing resolution that is currently funding the government will expire on Friday. President Obama is scheduled to host Reid, Speaker John Boehner (R-Ohio) and the House and Senate heads of the budget committees at the White House on Tuesday.

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