Federal Budget Talks Still Ongoing
As the government is on the verge of a shutdown, President Barack Obama summoned congressional leaders to the White House to work on a compromise but as the late night session ended, they failed to break the stalemate as the Republicans want more budget cuts. Behind the scenes, negotiators saw some progress on the details of the cuts.
House Speaker John A. Boehner of Ohio refused to compromise with the Democrats with regards to the federal budget. He and Senate Majority Leader Harry Reid, a Democrat from Nevada, had a two hour meeting with President Obama in the hopes of avoids a government shutdown.
Senator Reid said that the meeting narrowed down the issues while Representative Boehner stated that they have some progress in reaching a deal that would fund the government for the remaining months of the current fiscal year. President Obama said that more sessions are required to prevent the government shutdown that could have adverse effects on the country.
The conservatives want deeper spending cuts and various policy changes before they can agree with a compromise. Boehner is supported by the rest of the Republicans. President Obama called for a second session after Boehner announced that the House would vote on Thursday on a stopgap bill that would fund the government for another week.