Reid: 'cautiously optimistic' on US debt deal

WASHINGTON, July 31 | Sun Jul 31, 2011 12:16pm EDT

WASHINGTON, July 31 (Reuters) - U.S. Senate Democratic leader Harry Reid said on Sunday he was "cautiously optimistic" that Congress can reach a deal to raise the debt ceiling, but several issues still must be settled.

"We are cautiously optimistic. There are a number of issues that need to be resolved," Reid said in remarks on the Senate floor.

(Reporting by Andy Sullivan and Lesley Wroughton; editing by Vicki Allen)

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