Sunday, July 31, 2011

Debt deal not close, Senator Reid says (Reuters)

WASHINGTON (Reuters) – Republicans and Democrats are not close to a deal to raise the debt ceiling despite what Republican leaders may say, Senate Democratic Leader Harry Reid said on Saturday.

"It's fair to say that the engagement there is not in any meaningful way," Reid said on the Senate floor shortly after returning from a meeting with President Barack Obama. "Republican leaders still refuse to negotiate in good faith."

(Reporting by Andy Sullivan; Editing by Anthony Boadle)

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