BREAKING NEWS

High-ranking Senate Democrat upbeat on US debt deal

By REUTERS

JULY 31, 2011 05:36

WASHINGTON - The No. 2 Democrat in the US Senate said on Saturday he was more optimistic about chances for a debt limit increase deal, despite many details still to be worked out.

"We're a long way from any kind of a negotiated agreement, but there is certainly a more positive feeling about reaching an agreement this evening than I've felt in a long time," Senator Richard Durbin told reporters.

Asked whether Social Security retirement benefits might be part of a negotiated deal between Democrats and Republicans, Durbin responded, "I think those reports are fragmentary and inaccurate."

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