Pete Sessions Hopes For Debt Limit Deal By Friday

Sessions Hopes To 'Make Progress' In Debt Limit Talks
U.S. Rep. Pete Sessions (R-TX), Chairman, National Republican Congressional Committee, speaks at the second session of the 2012 Republican National Convention at the Tampa Bay Times Forum in Tampa, Tuesday, August 28, 2012. (Harry E. Walker/MCT via Getty Images)
U.S. Rep. Pete Sessions (R-TX), Chairman, National Republican Congressional Committee, speaks at the second session of the 2012 Republican National Convention at the Tampa Bay Times Forum in Tampa, Tuesday, August 28, 2012. (Harry E. Walker/MCT via Getty Images)

WASHINGTON, Oct 10 (Reuters) - U.S. Republican Representative Pete Sessions on Thursday said that he was hopeful House of Representatives Republicans and the Obama administration can strike a deal by Friday on legislation raising the U.S. debt limit and funding the federal government.

Sessions, chairman of the powerful House Rules Committee, told Reuters that over the next 15 hours or so, the White House and House Republicans will work on "defining parameters to see if we can make progress."

If that progress is achieved, the two sides would then try to complete a deal, possibly on Friday.

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