U.S. Sen. Reid says wants fiscal deal by Monday

Reuters

WASHINGTON, Oct 12 (Reuters) - U.S. Senate Majority LeaderHarry Reid on Saturday said he would like fiscal negotiationswith Republican leaders to result in a deal by Monday, eventhough the talks were in their very earliest stage.

Speaking to reporters, Reid, a Democrat, said he would likea deal now to reopen the partially closed federal government andraise U.S. borrowing authority before Thursday, the TreasuryDepartment's forecast of when it could default if Congress doesnot act.

"When I say now, I mean in the next 48 hours," Reid said.

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