Dems, GOP still at loggerheads as clock ticks

July 30, 2011 - 2:43 AM

WASHINGTON (AP) — The GOP-controlled House and the Democratic Senate remain at loggerheads over debt legislation that's required to avoid a first-ever default on U.S. financial obligations as lawmakers and the White House head into the weekend in search of compromise.

Weekend talks follow a week of extraordinary partisanship that was capped by a power play by Senate Democrats killing a GOP-drafted debt limit increase and budget-cutting bill less than two hours after it squeaked through the House. Senate Majority Leader Harry Reid set up a test vote for the wee hours of Sunday morning to break a GOP filibuster.

Before then, however, the House was set to even the score by voting Saturday to reject an alternative measure by Reid even the Senate has taken it up.