US Leaders Hopeful for Solving crises, BUT

US Leaders Hopeful for Solving crises, BUT

White Plains : NY : USA | Jul 30, 2011 at 11:07 PM PDT
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Sen. Franken's Floor Statement on the Debt Crisis

NewYork: The Ruling party Republicans and the rivals Democrates are much hopelful in solving the current issues of debt talks.

Senator Harry Reid: ''There are many elements to be finalised and there is still a distance to go"President Barack Obama backs Democratic Senate Majority Leader Harry Reid's proposal, which would cut $2.2tn from deficits and raise the debt ceiling by $2.7tn, meaning the issue would not have to be revisited until after the 2012 elections.

Republican Senate leader Mitch McConnell said there was "a level of seriousness with the right people at the table" as talks continued.Democrats and Republicans have so far rejected each others' proposals for cutting spending and raising the debt limit.

Due to the current circumstances there are news from Afghanistan that ,Troops have asked mike mullen about their payments "Are we going to be paid or not".This shows the level of anexiety over the issue amongst the americans.

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Debt issues
FaheemShehzad is based in Islamabad, Federal Capital Area, Pakistan, and is a Reporter on Allvoices.
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