Reid to GOP negotiators: ‘You’re doing it wrong’

Last week, President Obama released his own plan, which would have extended the Bush-era tax rates for families making less than $250,000 a year, among other proposals. 

Reid said Republicans haven’t presented their own plan to avoid the fiscal cliff of tax increases and spending cuts set to begin in January.

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“I wish I could share the details of the Republican's own proposal but there isn’t one,” Reid said. “President Obama has told Republicans and the world where he stands and the sooner the Republicans make an offer, the sooner we can get to work on a compromise.”

Reid urged Speaker John Boehner (R-Ohio) to hold a vote on the Senate passed, Middle Class Tax Cuts Act, for the sake of not raising taxes on 98 percent of Americans.

Democrats have proposed keeping the Bush-era tax rates for those making less than $250,000 a year, but Republicans have said that would harm job growth and small-business owners.