McConnell: Debt Deal 'Very Close'

Says legislators 'had a very good day yesterday'
By Polly Davis Doig,  Newser Staff
Posted Jul 31, 2011 8:41 AM CDT
Senate Republican leader Mitch McConnell speaks at a news conference as the debt crisis goes unresolved, Saturday, July 30, 2011.   (AP Photo/J. Scott Applewhite)

(Newser) – Good news, if you're the US economy: Mitch McConnell says a debt ceiling deal is "very close," reports Politico. Speaking on CNN's State of the Nation this morning, the Senate minority leader said lawmakers yesterday made "dramatic progress" on a two-step, $3 trillion agreement that would see President Obama through the 2012 election, include a balanced budget amendment, and set up a panel to ferret out further cuts. "We had a very good day yesterday," McConnell said, continuing his chirpy tone from yesterday. "I think we're very close to being in a position where I can recommend (approval) to my members."

My Take on This Story
Show results without voting  |