WASHINGTON (Reuters) - Senate Majority Leader Harry Reid said on Tuesday he was confident that Senate Democrats and Republicans can reach a comprehensive fiscal agreement this week that avoids a U.S. default on debt and other obligations.
"There are productive negotiations going on with the Republican leader. I'm confident we'll be able to reach a comprehensive agreement this week in time to avert a catastrophic default on the nation's bills," Reid said on the Senate floor.
"The Republican leader and I will keep our members informed as to how negotiations are going. And I express my appreciation to everyone for their patience," Reid said.
(Reporting By David Lawder; Editing by Bill Trott)