A federal government shutdown at midnight on Friday has become a very real possibility.
At the White House on Tuesday, Speaker of the House John Boehner (R.-Ohio) told President Obama and Senate Majority Leader Harry Reid (D.-Nev.) that Republicans want real and significant spending cuts in any deal for a long-term Continuing Resolution (CR) to fund the government. Obama and Reid refused to accept real and deeper spending cuts, which broke down the negotiations."
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