U.S. Republican Senator Kyl cites progress in fiscal cliff talks
WASHINGTON Dec 31 (Reuters) - U.S. Senator Jon Kyl on Monday said a "lot of progress" has been made in talks to avert the "fiscal cliff" but he cautioned that it is unclear if the progress will spur legislation the Senate can vote on before a midnight EST/0500 GMT deadline when taxes and spending cuts kick-in.
"There is no agreement yet," Kyl said. "Conversations are still ongoing. There has been a lot of progress."
Asked how long talks could go on, Kyl said: 'I guess until 11:59."
- Obama and Castro shake hands, Zuma humiliated at Mandela memorial |
- Google bus blocked in San Francisco gentrification protest
- Reporter can keep sources secret in Colorado theater shooting: court
- Regulators seek to curb Wall St. trades with Volcker rule
- Thai PM urges protesters to take part in election |