Senators say they are close on shutdown, debt deal
WASHINGTON The top Republican and Democratic leaders in the Senate said Monday they are close to a deal to avert default and end the government shutdown, in advance of a meeting with President Obama.
Obama, visiting a local food bank, told reporters that if congressional Republicans don't agree to an increase in the debt ceiling by Thursday, "we stand a good chance of defaulting."
The president initially scheduled a meeting for 3 p.m. Monday, but the White House later announced a postponement.
The delay "allow leaders in the Senate time to continue making important progress towards a solution that raises the debt limit and reopens the government," the White House said.
Senators say they are close on shutdown, debt deal
WASHINGTON The top Republican and Democratic leaders in the Senate said Monday they are close to a deal to avert default and end the government shutdown, in advance of a meeting with President Obama.
Obama, visiting a local food bank, told reporters that if congressional Republicans don't agree to an increase in the debt ceiling by Thursday, "we stand a good chance of defaulting."
The president initially scheduled a meeting for 3 p.m. Monday, but the White House later announced a postponement.
The delay "allow leaders in the Senate time to continue making important progress towards a solution that raises the debt limit and reopens the government," the White House said.
Senators say they are close on shutdown, debt deal
