Sunday, July 31, 2011

Senate delays key debt vote until later on Sunday (Reuters)

WASHINGTON (Reuters) ? Senate Majority Leader Harry Reid on Saturday delayed a test vote on the Democratic debt limit increase plan until 1 p.m. EDT Sunday to give negotiators more time to work out a deal.

In brief remarks on the Senate floor, Reid, a Democrat, said that negotiations between congressional leaders and the Obama administration were ongoing, but that there was "still a distance to go" before a deal might be reached.

The Senate had been scheduled to take a 1 a.m. EDT test vote on Sunday on the Democratic debt limit plan that Republicans said they opposed and could have blocked.

(Reporting by Richard Cowan and Rachelle Younglai; editing by Anthony Boadle)

Source: http://us.rd.yahoo.com/dailynews/rss/uscongress/*http%3A//news.yahoo.com/s/nm/20110731/ts_nm/us_usa_debt_senate

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