Mitch McConnell

White House meeting postponed as new deal agreement appears close

White House meeting postponed as new deal agreement appears close

With both Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell saying they were closing in on an agreement to avoid a catastrophic default by the government and also reopen the partially-shutdown agencies, a planned meeting of House and Senate leaders with President Barack Obama at the White House was postponed to give negotiators […]

Reid claims progress towards a deal after meeting with McConnell

Reid claims progress towards a deal after meeting with McConnell

Senate Majority Leader Harry Reid (D-NV) claims progress towards an agreement to both avoid default on government obligations and end a government shutdown now into its third week after a closed-door meeting today with Minority Leader Mitch McConnell. Emerging from the meeting, Reid said “we’re getting closer” but would not go into details and said […]

Obama calls meeting at White House as talks continue on the Hill

Obama calls meeting at White House as talks continue on the Hill

President Barack Obama called a mid-afternoon meeting of Congressional leaders at the White House Monday. The call to the meeting came while the Senate’s leaders from both the Republican and Democratic parties met privately at the Capitol for the first time since Saturday in hopes of finding a way to solve the debt and budget […]

Some progress but no end in sight to impasse, debt crisis

Some progress but no end in sight to impasse, debt crisis

Senate negotiations to bring a fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees the federal government shutdown was about to end or that a historic debt default would be avoided. IMF chief Christine Lagarde warned of “massive disruption” to the global economy if the U.S. debt ceiling, […]

With default looming, government enters third week of shutdown

With default looming, government enters third week of shutdown

The United States moved perilously closer to an economy-rattling default and a partial government shutdown entered its third week as Senate Democratic and Republican leaders remained at odds over spending in their last-ditch negotiations to end the crises gripping the nation. Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., spoke by phone […]

Senate Majority Leader ‘confident’ deal will be reached in fiscal crisis

Senate Majority Leader ‘confident’ deal will be reached in fiscal crisis

Senate Majority Harry Reid said Sunday that he was engaged in negotiations with Republican Minority Leader Mitch McConnell and was “confident” they could resolve the fiscal crisis confronting Washington. “We’re in conversation today,” Reid said on the Senate floor. “I’m confident that Republicans will allow the government to open and extend the ability of this […]

Another day, another stumbling block to budget, debt deal

Another day, another stumbling block to budget, debt deal

Senate Republicans and Democrats hit an impasse Sunday over spending in their last-ditch struggle to avoid an economy-jarring default in just four days and end a partial government shutdown that’s entering its third week. After inconclusive talks between President Barack Obama and House Republicans, Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, […]

Obama staying out of sight as Senate works on budget, debt deal

Obama staying out of sight as Senate works on budget, debt deal

President Barack Obama will stay out of the public eye on Sunday as Senate leaders try to work out an elusive deal ahead of a Thursday deadline for lifting the U.S. government debt ceiling. Just before noon, the White House gave the pool of reporters and photographers who travel with the president notice that it […]

Senators hope their leaders can succeed where others have failed

Senators hope their leaders can succeed where others have failed

Senators put faith in party leaders Sunday to devise a plan that would reopen the government and steer clear of a potential default this week, saying it’s unthinkable that political obstinacy would prevent the United States from paying its bills. With House leaders sidelined, Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch […]

As Congress spits and sputters, default looms for America

As Congress spits and sputters, default looms for America

Republicans and Democrats in Congress lumbered through a day of political maneuvering Saturday while a threatened default by the Treasury crept uncomfortably closer and a partial government shutdown neared the end of its second week. “We haven’t done anything yet” by way of compromise, Majority Leader Harry Reid, D-Nev., said after Senate leaders took control […]