Wednesday, April 6, 2011

News Alert: Obama Meeting Fails to End Stalemate Over Federal Budget

Breaking News Alert
The New York Times
Wed, April 06, 2011 -- 10:51 PM ET
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Obama Meeting Fails to End Stalemate Over Federal Budget

President Obama met at the White House on Wednesday night
with House Speaker John A. Boehner and Senator Harry Reid of
Nevada, the majority leader, but they failed to reach an
agreement to end a budget stalemate that has threatened to
shut down the government.

After the meeting ended, Mr. Obama warned that a shutdown
must be avoided. "A shutdown will have real effects on
everyday lives," he said at a White House press conference.

The nighttime meeting, called Wednesday afternoon by Mr.
Obama, underscored the drama in the nation's capital as the
White House and Republican lawmakers on Capitol Hill spent
the day pointing fingers at each other in advance of a
possible government shutdown on Saturday. The government's
authority to spend money runs out at midnight on Friday
night.

Read More:
http://www.nytimes.com/2011/04/07/us/politics/07fiscal.html?emc=na


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