Senate talks deadlocked as debt ceiling period nears

(VOVworld) – Efforts to solve the problems of the government budget and public debt ceiling seem to be in the deadlock as the latest talks between Democratic and Republic senators on Sunday saw no progress despite the debt ceiling period approaching.

Talks between US Senate leaders over spending in the deadlock (Source: Reuters)

Talks between US Senate leaders over spending in the deadlock (Source: Reuters)

Senate Majority leader Harry Reid said on Sunday that there was little progress in the meeting between himself and Minority leader Mitch McConnell, and the two sides had still failed to reach an agreement. Democrat Senator Charles Schumer said that the US was still in fiscal deadlock but glimmers of hope had emerged. Schumer said agreement on reopening the government and debt ceiling rate was likely to be reached as negotiations continued between the two sides. As schedule, senate leaders had separate meetings on Monday.

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