Article posted: 1/6/2013 5:19 PM

No movement: Lawmakers dig in heels on debt crisis

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Senate Minority Leader Mitch McConnell said Sunday he hopes President Barack Obama provides leadership on upcoming spending reduction talks. "It's a shame we have to use whatever leverage we have in Congress to get the president to deal with the biggest problem confronting our future, and that's our excessive spending," McConnell said.

ASSOCIATED PRESS

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Congressional leaders on Sunday showed no signs of emerging from their corners to resolve the next step in the financial crisis, with Democrats still talking about higher taxes on the wealthy and the Senate's top Republican suggesting that a crippling default on U.S. loans was possible unless there were significant cuts in government spending.