Harry Reid Reports Progress In Debt Ceiling, Government Funding Talks

Senate Majority Leader Harry Reid reported progress Monday toward a deal to avoid a threatened default and end a two-week partial government shutdown as President Barack Obama called congressional leaders to the White House to press for an end to the impasse.

"We're getting closer," Reid told reporters after he met privately with the Republican leader, Sen. Mitch McConnell.

While Reid, D-Nev., said there was not yet an accord, he said he hoped to have a proposal to outline when the two men and House leaders meet with Obama at...