Reid "Unable To Come Up With Counteroffer... Apart On Some Pretty Big Issues", Hands Over Negotiations To Biden

The second update of the day is here, and this one is far less jovial and optimistic than that coming from the seemingly quite cluless Lindsey Graham: REID SAYS HAVE BEEN UNABLE TO COME UP WITH COUNTEROFFER REID SAYS `WE'RE APART ON SOME PRETTY BIG ISSUES' REID SAYS `I WISH THEM WELL' REGARDING MCCONNELL-BIDEN TALKS MCCONNELL SAYS HE CALLED BIDEN TO TRY TO `JUMP START' TALKS Nothing like the fate of the nation in the hands of Joe Biden, who may or may not still be laughing. More from Bloomberg: President Barack Obama made a last- minute appeal for compromise as three senators said the chances were greater than 50-50 for a deal to avert more than $600 billion in tax increases and spending cuts scheduled to take effect Jan. 1.   In an interview broadcast today on NBC’s “Meet the Press,” Obama warned of “an adverse reaction in the markets” if Congress doesn’t act. &...