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Republican leaders say ‘fully engaged’ with Obama on debt deal

By Reuters
Saturday, July 30, 2011 18:01 EDT
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WASHINGTON (Reuters) – The top Republicans in the Senate and House of Representatives said on Saturday that after a week of stalemate they are now in serious talks with President Barack Obama to raise the debt ceiling and avoid a looming default.

“We now have a a level of seriousness with the right people at the table,” Senate Republican leader Mitch McConnell said at a news conference, where he was joined by House Speaker John Boehner.

(Reporting by Andy Sullivan; Editing by Doina Chiacu)

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