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McConnell: 'We look a lot like Greece already'

Senate Republican Leader Mitch McConnellAddison (Mitch) Mitchell McConnellManchin, Biden huddle amid talk of breaking up T package Romney: Removing Cheney from House leadership will cost GOP election votes The Hill's 12:30 Report - Presented by Facebook - Biden reverses Trump limits on transgender protections MORE (Ky.) said Wednesday that the financial state of the U.S. is similar to bankrupt Greece.

Making the case for major spending reductions a day before congressional leaders will meet with President Obama, McConnell said, "We look a lot like Greece already."

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During their weekly press breifing, other Senate Republican leaders lashed out at Obama, questioning his leadership on the debt-ceiling talks.

Sen. John BarrassoJohn Anthony BarrassoBiden to meet with GOP senators amid infrastructure push Republican seeks to use Obama energy policies to criticize BidenĀ  EPA proposes major rule to reduce certain greenhouse gases MORE (R-Wyo.) said, "We need a serious discussion and we're not getting it yet."

Senate Minority Whip Jon Kyl (R-Ariz.) pushed back at Democrats' criticism of the GOP's insistence of no tax increases. He said the party's position is not one of "ideological fervor," but instead an effort to foster more jobs.

Pressed on House Majority Leader Eric CantorEric Ivan CantorVirginia GOP candidates for governor gear up for convention Cantor: 'Level of craziness' in Washington has increased 'on both sides' White House says bills are bipartisan even if GOP doesn't vote for them MORE's (R-Va.) willingness to look at closing tax loopholes, McConnell noted his support for comprehensive tax reform.

In a nuanced break from Cantor, McConnell said any effort to "cherry pick" tax loopholes as part of the debt-ceiling talks would be "pretty challenging."

McConnell stressed that he and other Republican leaders in the Senate want a long-term deal on the debt ceiling. That remark came days after McConnell and his lieutenants signaled they were open to a short-term agreement.

Obama on Tuesday strongly endorsed a long-term deal.

Senate Majority Leader Harry ReidHarry Mason ReidBottom line Biden's first 100 days is stylistic 'antithesis' of Trump The Memo: Washington's fake debate on 'bipartisanship' MORE (D-Nev.), who usually addresses the media before Senate Republican leaders every week when the upper chamber is in session, did not hold a press conference Wednesday afternoon.