Sources: Agreement reached to prevent shutdown
December 15th, 2011
08:46 PM ET
2 years ago

Sources: Agreement reached to prevent shutdown

Washington (CNN) - Congressional negotiators have come to an agreement they believe will prevent a government shutdown, according to several Democratic sources.

Negotiators were signing off on a massive spending bill that funds the government through October 1, 2012, they told CNN Thursday night.

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Filed under: Budget • Congress
White House, Congress working on compromise
December 15th, 2011
03:35 PM ET
2 years ago

White House, Congress working on compromise

Washington (CNN) – A day after a hostile exchange that epitomized Washington gridlock, congressional leaders and the White House said Thursday were discussing ways to resolve their differences over measures to keep the government funded after Friday and extend the payroll tax cut set to expire at the end of the year.

Comments by Senate Majority Leader Harry Reid, D-Nevada, and Minority Leader Mitch McConnell, R-Kentucky, as well as House Speaker John Boehner and White House press secretary Jay Carney signaled progress toward reaching compromises on the two main pieces of legislation under discussion before Congress goes into recess until next year.

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Filed under: Congress • House • Senate • Taxes