WASHINGTON (Reuters) - White House budget director Jack Lew told CNN on Sunday "there has been activity and progress" in talks to reach a deal to raise the U.S. debt ceiling.
Lew said "quite a bit has been going on" since a meeting on Thursday at the White House with President Barack Obama and Republican and Democratic congressional leaders.
No formal meetings have been held since Thursday's effort to hammer out a deal to cut the U.S. budget deficit and raise the debt ceiling before an August 2 deadline when the government risks defaulting on its obligations.
(Reporting by Eric Beech; Editing by Vicki Allen)
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