U.S. Senators Optimistic on Deal

U.S. senators said they were closing in on a deal Monday that would reopen the government and push back a possible default for several months, though many hurdles remained as a Thursday deadline drew near.

Ahead of a meeting with President Barack Obama, the Senate’s top Democrat and top Republican both said they were optimistic that they could soon reach an agreement that would allow them to avert a looming default and end a partial government shutdown that has dragged on for 14 days.

“I’m very optimistic that we that we will reach an agreement that’s reasonable in nature this week,” Senate Democratic Leader Harry Reid said on the Senate floor.

CNBC

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