WASHINGTON (CNN) - With a deadline looming at the end of next week, leaders in both parties sent hopeful signals Friday that they can pass spending legislation to avert a U.S. government shutdown.
"We know that both sides are close. We know that a compromise is within reach," said President Barack Obama.
"We are on the doorstep of a deal," said Sen. Chuck Schumer, the third-ranking Senate Democrat.
"I am not preparing for a government shutdown," House Speaker John Boehner told reporters.
WASHINGTON (CNN) - A senior Democratic leadership aide tells CNN that Senate Majority Leader Harry Reid has asked Senate Banking Chairman Chris Dodd and his staff to work this weekend to prepare several options on how to help auto companies, plans Democratic will consider first thing Monday morning.
The aide gave a highly optimistic timetable, given the deep divide among lawmakers about how, and whether, to help Detroit.
“Ideally, we would reach consensus on process and substance with our caucus and Senate Minority Mitch McConnell mid-day Monday,” said the aide, who said their goal would be to schedule any necessary votes no later than mid-week.
Democratic leaders were hoping to confer with Republicans about various ideas most lawmakers are reluctant to discuss publicly.