WASHINGTON — New budget talks between top Congressional Republicans and President Obama made progress Saturday, suddenly stirring some optimism that a last-minute deal could be reached to avert a potential federal default that threatened significant economic and political consequences.After a tense day of Congressional floor fights and angry exchanges, Senator Harry Reid, the majority leader, called off a planned showdown vote set for after midnight.
Source: http://www.realclearpolitics.com/2011/07/31/hint_of_deal_as_congress_wrangles_260494.html
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