"To think with a straight face that they have sent us something that the American people would accept -- the Ryan budget, cap and cut and whatever that is and then this thing," Reid said, referring to John BoehnerJohn Andrew BoehnerThe two-party system is dying — let’s put it out of its misery One year later, neither party can get past last year's election White House strikes back at Bushes over legacy MORE's proposal. "That’s not legislation, that was an extravaganza over there that made them all look very foolish."

Reid was speaking just minutes after Boehner's plan, which cleared the House by a slim margin late Friday afternoon, had been tabled by the Senate.

The Senate will now consider Reid's plan to lift the nation's debt ceiling in time to avert a default.