Senate leaders have yet to reach an agreement on how to end the U.S. fiscal impasse amid mounting concern in financial markets three days before the government's borrowing authority lapses.
Senate Majority Leader Harry Reid said yesterday that he had a "productive conversation" with Minority Leader Mitch McConnell without reaching a conclusion on a plan to send to the Democratic-controlled chamber for a vote.
Their phone call yesterday produced "nothing new to report," said Don Stewart, a spokesman for McConnell. Earlier, McConnell issued a statement saying "it's time for Democrat leaders" to support a plan, based on one drafted by Republican Susan Collins of Maine, which Democrats rejected Oct. 12.
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