Reid: 'Cautiously optimistic' on debt deal
July 31st, 2011
12:14 PM ET
12 years ago

Reid: 'Cautiously optimistic' on debt deal

Washington (CNN) - Senate Majority Leader Harry Reid said Sunday there was no agreement yet on raising the federal debt ceiling, but "we are cautiously optimistic."


Filed under: Congress • Debt • Deficit • Harry Reid
soundoff (15 Responses)
  1. Linda

    Don,t "Mess" with Social Security, Dems? Protect the American People and say No to Teaparty!!!!!! I,m an Independant,I will not vote Republican in 2012. I will not vote for "anybody" that Steals from the Poor,and elderly,and gives it to the Rich!!!!

    July 31, 2011 12:27 pm at 12:27 pm |
  2. patcee

    I thought it was a done deal and they were going to announce it at 1 p.m. today. Now it's a "cautiously optimistic" deal again? Get it done.

    July 31, 2011 12:28 pm at 12:28 pm |
  3. GI Joe

    Vote the republicans and teabaggers out of the HOUSE in 2012. As long as they control ANY part of the government, the filibusters and HELL NOs will continue.

    Let's get this mess cleaned up, create jobs, and move on to continue being a great country instead of all the me me me me me that we're getting from those radicals.

    July 31, 2011 12:34 pm at 12:34 pm |
  4. Sebastian

    The President in allowing himself to be marginalized by this deal. He get's no revenue out of this and is allowing the GOP to win the PR campaign that taxes are bad and that "reckless spending by himself is the problem.

    This Part II "Super commision" is run into the same stalemates and therefore there will be no revenue hikes, only more spending cuts and none which impact the wealthy. I can not have any confidence that Obama will be a better, stronger negotiator, in an election year, ESPECIALLY on the topic of raising taxes.

    July 31, 2011 12:37 pm at 12:37 pm |
  5. BILL, WI

    Harry's boss told him to compromise, and show some bipartisan spirit.

    July 31, 2011 12:38 pm at 12:38 pm |
  6. The Day of Financial Reckoning is HERE – The Great Democrat Welfare Society Ends

    Nice picture of the Three Progressive Stooges... Just say NO to their plan of running this country headlong into banruptcy. In 10 years these fools would have us with a THIRTY TRILLION DOLLAR DEBT and STILL spending trillions more than we take in in taxes. At that point we'll be Greece. Welcome to the future the Dmeocrats have in store for America. The fight to prevent that has started.

    July 31, 2011 12:38 pm at 12:38 pm |
  7. SecedingfromTexas

    "The Day of Financial" Wrecking "Is here".
    **********************
    And we can thank the Republican Party for being so weak they have allowed a few tea partiers to take over the
    House of Representatives and systematically destroy any and all hope that America will see her Congress work
    together in a bi-partisan way. Republicans have lost all respect they might have had, the tea party has shown
    how unqualified they are to be in Washington, and the American people will not forget this one.

    July 31, 2011 01:03 pm at 1:03 pm |
  8. T'sah from Virginia

    The Republicans are winning in the SENATE – Watch, when it reaches the HOUSE – and ONLY because the TP is not going to get what they want – Budget Amendment – NONE of them are going to vote for it. But you know what? They are NOT needed if Boehner is able to persuade the Democrats...................NOW THE STEW IN THE POT THICKENS!!!

    July 31, 2011 01:16 pm at 1:16 pm |
  9. GI Joe

    more than we take in in taxes. At that point we'll be Greece. Welcome to the future the Dmeocrats have in store for America. The fight to prevent that has started.
    ------------–
    That's the problem - loopholes, deductions, subsidies have allowed the corporations to pay ZERO into the tax system, thus creating massive deficits.

    July 31, 2011 01:19 pm at 1:19 pm |
  10. vic , nashville ,tn

    Only in our congress it’s happen

    Remove the life support do the surgery then they called surgery was success

    Idiots (congress) that is called postmortem

    Damage is done to recover last 3 weeks drama will take 3 years

    July 31, 2011 01:23 pm at 1:23 pm |
  11. FM

    Can they reach the agreement and get it done now. We are all tired being alert waiting all the time to hear what is the outcome. Never again with this type of negotiations with no end.

    July 31, 2011 02:40 pm at 2:40 pm |
  12. Four and The Door

    Sebastian
    The President in allowing himself to be marginalized by this deal. He get's no revenue out of this and is allowing the GOP to win the PR campaign that taxes are bad and that "reckless spending by himself is the problem.
    __________________________________________________________________________________________________
    Not at all. The administration is making some very good decisions for the good of the unemployed, the effort to save the most important benefits for Americans and the future of the country. By cutting spending now and not raising taxes, the economy has a better chance to recover and the bottom line is that this is the only thing that will save Medicare and Social Security. If the economy does not get back into growth mode the choices we all love to make go away. Entitlements go away. It's much better to make the tough decisions now while we still have a chance. The government of Greece would sure like to have a do-over of the last 20 years. They don't get the same choices to be responsible like they used to have.

    July 31, 2011 02:40 pm at 2:40 pm |
  13. dd

    re: to the day of reckoning. please check ur facts on the debt where it came from and maybe even look at a civics book too. this is not a socail agenda issue...maybe some but not all. look up how much bush wars cost

    July 31, 2011 02:49 pm at 2:49 pm |
  14. Hammerer

    What a joke!
    But the sad part the joke is on every taxpayer in America.

    July 31, 2011 03:11 pm at 3:11 pm |
  15. Indy

    Everyone except for "Day of Rackoning" knows that the deficit started with Bush after he blew the surplus he plundered the country into the toilet. From there it was congress and NOT Obama that spent the money because we all know except for "Day of Reckoning" that the President can only spend what congress agrees to spend.It was Bushes unfunded wars and the Bush tax breaks that have the country in turmoil and Republicans want to continue to terrorize the financial well being of the country with the notion that you can fix a contry in financial ruin without asking for a penny more from corporations and the wealthy.

    July 31, 2011 03:46 pm at 3:46 pm |