With the edge of the fiscal cliff in sight there's still no deal in Washington.
The news comes as President Obama hosts a meeting Friday in a last ditch effort to break the stalemate with the Republican-dominated Congress.
"I have to be very honest. I don't know time-wise how it can happen now," Senate Majority Leader Harry Reid, D-Nev., said.
If there is no deal by Jan. 1, every American will see their taxes go up and automatic spending cuts will be implemented.
Republicans continue to blame Democrats for the standoff, saying there are limits to compromise.
"Republicans aren't about to write a blank check on anything...