Budget talks between the House and the Senate are at a standstill, and "the last 24 hours have not been good," Republican Sen. Bob Corker of Tennessee said on "Fox News Sunday."
"There was some movement a couple days ago, and I think things are not moving now," Corker said. "I think we're in a status quo."
Corker said his party "started off in a place that was an overreach" by trying to change a law – the Affordable Care Act – that was central to President Barack Obama's agenda but said the Democrats are beginning to overreach, as well.
"Now, I think the Democrats are on the verge of being one tick too cute," Corker said. "As they see the House possibly in disarray, they now are overreaching. What we've got to do is get this back in the middle of the road, act like adults, deal with these issues and appropriate."
The stakes are high, and the world is watching, Corker said.
"This is something that is wreaking havoc around the world and will affect economic growth, and I do hope that, over the next week, we'll reach a conclusion, and I think we will, but…over the last 24 hours, there's not been good productivity on this issue," Corker said.
The spending caps, or the sequester, that Congress enacted in 2011 should remain, he said.
"My sense is that Democrats will pull back, we'll end up in a place where we're focused on those good government things that we should have been focused on all along," Corker said.
"At some point … this is something that I think the administration will realize is not a game they need to be playing with. We need to get back to, again, the constraints that we have, with a few victories for both sides, and move ahead. There's got to be some evolution, I think, on both sides."