Sen. Reid "disappointed" by U.S. debt talks
WASHINGTON (Reuters) - Senate Democratic Leader Harry Reid said on Saturday he was "deeply disappointed" in debt talks with Republicans, saying a lack of progress was bringing the United States closer to default.
Reid issued the statement following a meeting of congressional leaders. Reid insisted that a deficit reduction deal should also raise U.S. borrowing authority through 2012 so that the U.S. credit rating would not be downgraded.
(Reporting by Donna Smith and Richard Cowan; Editing by Eric Walsh)
- Google bus blocked in San Francisco gentrification protest
- Tearful Thai PM urges protesters to take part in election
- North Korea's 'reign of terror' worries South's leader
- Leaders gather, thousands sing in rain in farewell to Mandela |
- Chinese hackers spied on Europeans before G20 meeting: researcher
Protesters respond to calls to defend their demonstration from possible police intervention. Slideshow