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Federal Budget Deal Reached, Government Shutdown Averted At Least Temporarily

Perilously close to a midnight deadline, the White House and congressional leaders have reached agreement to cut billions of dollars in spending to avoid the first government shutdown in 15 years.House Speaker John Boehner informed the GOP r…

Perilously close to a midnight deadline, the White House and congressional leaders have reached agreement to cut billions of dollars in spending to avoid the first government shutdown in 15 years.

House Speaker John Boehner informed the GOP rank and file of the accord, reached in grueling negotiations over several weeks, an official said.

“We have an agreement,” concurred a spokesman for Senate Majority Leader Harry Reid, Jon Summers.

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