Content Tagged As compromise
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'Really close' to debt deal as deadline nears
July 31, 2011 4:21 PM
WASHINGTON (AP) -- Racing to avoid a government default, President Barack Obama and Republican congressional leaders reached urgently for a compromise Sunday to permit vital borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts. Senate Republican Leader Mitch McConnell said the two sides were... more » -
Dems, GOP still at loggerheads as clock ticks
July 30, 2011 6:46 AM
WASHINGTON (AP) - The GOP-controlled House and the Democratic Senate remain at loggerheads over debt legislation that's required to avoid a first-ever default on U.S. financial obligations. Lawmakers and the White House head into the weekend still in search of compromise. Weekend talks follow a week of extraordinary partisanship... more » -
FAA shows no sign of reaching agreement
July 26, 2011 4:31 AM
WASHINGTON (AP) - Prospects appear grim for quickly ending the legislative dispute that has partially shut down the Federal Aviation Administration, with neither side signaling willingness to compromise. The FAA's operating authority expired last week. Dozens of airport construction projects nationwide have been put on hold and thousands of... more » -
Boehner hopes to have outline of plan soon
July 24, 2011 3:52 PM
WASHINGTON (AP) - House Speaker John Boehner is working on a plan to prevent the first government default in U.S. history. He hopes to have at least a framework of a deal ready this afternoon. Boehner says if Democrats don't go along, Republicans will act alone. The government will... more »
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