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Democrats, GOP Disagree On Whether A Debt-Limit Deal Is Near


With the nation only three days away from facing its first-ever financial default, congressional Republican and Democratic leaders couldn’t even agree on whether a deal to end the debt crisis is close.

House Speaker John Boehner and Senate Republican leader Mitch McConnell said Saturday that they are confident they can reach a deal with the White House to raise the nation’s $14.3 trillion debt limit to allow the government to keep paying all of its bills.

At a news conference held just minutes after the GOP-led House defeated a Democratic debt-limit bill, McConnell said he had spoken with President Obama and Vice President Biden in the past hour.

“I’m confident and optimistic that we’re going to get an agreement in the very near future and resolve this crisis in the best interest of the American people,” he said.

“Our country is not going to default for the first time in history,” McConnell said.”We now have a level of seriousness with the right people at the table. ….We’re going to get a result.”

Boehner added he’s also confident of an agreement with the White House “to end this impasse.”

But Senate Majority Leader Harry Reid disputed their account on the Senate floor after meeting with the president and House Democratic leader Nancy Pelosi at the White House.

“Republican leaders still refuse to negotiate in good faith,” Reid said, explaining that they still refuse to consider including new revenues in any deal and only want to slash entitlement programs.

Republican leaders “should know that merely saying you have an agreement in front of television cameras doesn’t make it so.”

McConnell responded that he’s more optimistic than Reid and that the only way to get to an agreement before Tuesday is through the president.

“We need to be in a position where all of us in the leadership can come back here and say that we think we reached a framework of an agreement that we can recommend to our members,” he said. “So that’s what I’m working on and I’m not interested in scoring any political points. I’m interested in getting an outcome for the American people. And the only way that can be done is with the president of the United States.”

READ MORE: FOX NEWS



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