WASHINGTON (Reuters) – The top Republicans in the Senate and House of Representatives said on Saturday that after a week of stalemate they are now in serious talks with President Barack Obama to raise the debt ceiling and avoid a looming default.
"We now have a a level of seriousness with the right people at the table," Senate Republican leader Mitch McConnell said at a news conference, where he was joined by House Speaker John Boehner.
(Reporting by Andy Sullivan; Editing by Doina Chiacu)
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