A Senate Democrat says he believes "odds are better than people think" that a deal can be reached to avoid automatic tax increases and spending cuts next week.
New York's Chuck Schumer tells NBC's "Today" show he's encouraged that Senate Republican Leader Mitch McConnell of Kentucky is getting "actively engaged" in talks to resolve the problem.
Appearing on the same show Friday, Republican Sen. John Thune noted a meeting later Friday among President Barack Obama and congressional leaders, saying, "It's encouraging that people are talking."
The South Dakota senator said, "I think in the end we will get a deal, but the question is the timing of that."
He also said the two sides are at stalemate because, quote, "Democrats haven't been willing to discuss the issue of spending."
Most Popular Today
- 1.Retail & Restaurants
What Will Cost More/Less In 2015
- 2.Your Money Matters
Denny Sanford To Donate $25 Million For Scholarship Program
- 3.Your Money Matters
Denny Sanford's Multi-Million Solution To Worker Shortage
Sony Cancels 'The Interview' Dec. 25 Release
Top Theater Chains Cancel 'The Interview' Showings
Sturgis Officials Planning For 2015 Rally Traffic
- 7.Meetings & Events, High School
HS Basketball To Fill Pentagon
- 8.Gas & Energy
SD Gas Prices At Five-Year Low
SDSU Research Park First Certified Technology Park
- 10.Education Funding
Rapid City School Officials To Consider Tax Opt Out