April 8, 2011

TIME'S UP: OBAMA AND GOP SCRAMBLE TO HALT SHUTDOWN

Nearing a shutdown that would affect millions, Obama and GOP scramble to reach budget deal uncomfortably close to a deadline, President Barack Obama and top congressional leaders have no more than hours to avert a Friday midnight government shutdown that all sides say would difficulty millions of people and damage a still fragile economy.


Obama said he still hoped to announce an agreement on Friday but did not have "wild optimism."In revealing nothing about what still divides them, Obama and the lawmakers, House Speaker John Boehner, R-Ohio, and committee Majority organizer Harry Reid, D-Nev., all said another belatedly night of talks in the Oval administrative center had narrowed their differences over cutting federal spending and other matters.

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