US parties hopeful of debt limit deal as deadline looms

US political rivals are seems to be positive about the chances of raising the $14.3tn (£8.7tn) debt limit by Tuesday and averting possible default.

 Mitch McConnell  Republican Senate leader said the sides were "very close" to a $3tn deal after talks with Vice-President Joe Biden.
 Richard Durbin Senior Senate Democrat spoke of "a more positive feeling regarding bill".
American politicians are hopeful a deal may be agreed before a procedural vote in the Democrat-dominated Senate shortly.
That in turn would allow for a new vote in the Republican-held House of Representatives before the Tuesday deadline.
America limits by law the total amount of debt its government can run up in order to pay its bills, and the Obama government is under mounting financial pressure.
White House senior adviser David Plouffe told NBC television on Sunday said that they will solve this matter positively and also said "Today is obviously a critical day."