Content Tagged As compromise

3 years 3 months ago

'Really close' to debt deal as deadline nears

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...

3 years 3 months ago

Dems, GOP still at loggerheads as clock ticks

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...

3 years 3 months ago

FAA shows no sign of reaching agreement

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...

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