Sunday, July 31, 2011

WILL THE GOP APPROVE? FORGET REID HE'S JUST ANOTHER OBAMA PUPPET

Alert: Reid approves of debt deal; WH, GOP negotiate

July 31, 2011 4:54 PM

Reid approves of debt deal; WH, GOP negotiate

By: Lucy Madison

Senate Majority Leader Harry Reid, D-Nev., speaks with reporters as he walks across the Capitol on his way to the office of House Democratic Leader Nancy Pelosi, D-Calif., as national debt crisis negotiations continue on Capitol Hill in Washington on Sunday, July 31, 2011.

(Credit: AP Photo/Harry Hamburg)

Just two days before the federal government's Aug. 2 deadline to avoid economic default, lawmakers and White House negotiators are scrambling to hammer out an agreement for raising the debt ceiling - but despite talk of an impending deal, leading Democrats say they're "not there yet."

Special Section: America's Debt Battle

Just minutes after Senate Republicans voted to block Majority Leader Harry Reid's Democratic bill to raise the nation's borrowing limit on Sunday, lawmakers turned their focus to ongoing negotiations between President Obama and Senate Minority Leader Mitch McConnell, R-Ky., who are working on a deal that would extend the debt limit through 2012 and cut up to $3 trillion in spending during the next 10 years.

Entire Story Here:

http://www.cbsnews.com/8301-503544_162-20086071-503544.html