Senate Minority Leader Mitch McConnell spoke to reporters following weekly party lunches.*He talked about the “fiscal cliff,” and Medicare and Social Security reform.*He and other Senate Republican leaders also criticized Majority Leader Reid’s plan to change the rules in the Senate on filibuster reform.*
“Fiscal cliff” referred to the impending tax increases and sequestration budget cuts at the end of 2012 if Congress failed to reach a new budget agreement.*"Sequestration," a legal procedure in which automatic budget cuts are triggered, was part of the Budget Control Act of 2011.