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Saturday, July 30, 2011

MACTV News Capital Hill: U.S. debt deal not close, Senator Reid says

July 30, 2011 10:22:08 PM

  USA-DEBT/REID-DEAL (URGENT)

WASHINGTON, July 30 (Reuters) - U.S. 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."

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