All posts tagged "Deal"

MINNEAPOLIS (Reuters) - The Minnesota legislature approved on Wednesday in a marathon special session all the budget bills needed to end a state government shutdown that has lasted nearly three weeks.

According to a McClatchy report today, the members of the House GOP have split into two camps on the current budget deal, the flexible and the non-flexible.

NEW YORK (Reuters) - Standard & Poor's on Friday raised the pressure on Washington debt negotiators, saying it could downgrade insurers, securities clearinghouses, mortgage agencies and a laundry list of other firms if there is not a deal soon to lift the debt ceiling and cut the deficit.

US President Barack Obama was to address the nation Friday after giving divided lawmakers 24-36 hours to strike a deal to avert a possible August debt default that has sparked global alarm.

By a wide margin, more Americans blame former President George W. Bush for the national economic outlook than they do President Barack Obama, according to a new poll.

President Barack Obama and Republicans prepared for more tough talks Thursday to avert an August debt default, after Moody's held out the threat of downgrading the sterling US credit rating.