Reid: Debt negotiations underway at White House

AP News
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Posted: Jul 30, 2011 10:19 PM
Reid: Debt negotiations underway at White House

Senate Majority Leader Harry Reid says negotiations aimed at resolving the debt-limit standoff are under way at the White House.

As a result, the Nevada Democrat postponed a test vote on a Democratic debt limit proposal that had been scheduled for shortly after midnight. He says he's delaying that vote until 1 p.m. Sunday to give negotiators time to work out an agreement.

In a brief statement on the Senate floor, Reid said that many parts of the potential pact remain to be worked out.