Monday, October 14, 2013

Senator Reid hopes to present fiscal plan to Obama on Monday


WASHINGTON (Reuters) - Senate Majority Leader Harry Reid on Monday voiced optimism over progress in urgent fiscal negotiations, saying he hoped to be able to present a new proposal to President Barack Obama later in the day.


The Democratic leader, who emerged from a half-hour meeting with Senate Republican leader Mitch McConnell, was asked by reporters whether he would go to the White House armed with a plan to end a 14-day-old partial government shutdown and to raise the limit on government borrowing.


"I hope so," Reid responded. He and McConnell are set to meet with Obama at 3 p.m. ET (1900 GMT), along with House of Representatives Speaker John Boehner and House Democratic leader Nancy Pelosi.


(Reporting By Richard Cowan; Editing by Doina Chiacu)



Source: http://news.yahoo.com/senator-reid-hopes-present-fiscal-plan-obama-monday-164314435--business.html
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