Some Optimism on U.S. Debt Deal

A surge of optimism on Monday for a possible compromise to end the partial government shutdown and avoid a U.S. default as soon as this week got jolted by the sudden postponement of a White House meeting between President Barack Obama and congressional leaders.

In a brief statement, the White House said the meeting announced earlier in the day was put on hold “to allow leaders in the Senate time to continue making important progress” toward a solution.

It was unclear if the development signaled a problem or was needed to give more time for talks between Senate Majority Leader Harry Reid and his Republican counterpart, Mitch McConnell, to finish an agreement that could win approval in the Senate and the House.

CNN

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