Obama: Deficit deal 'remains possible'
June 27th, 2011
02:09 PM ET

Obama: Deficit deal 'remains possible'

WASHINGTON (CNN) - President Barack Obama said after his meeting Monday with the Senate majority leader that they believe "a significant deal remains possible" on deficit reduction this year, White House press secretary Jay Carney told reporters.

Obama met with Sen. Harry Reid, D-Nevada, in the morning and was to later talk with Senate Minority Leader Mitch McConnell, R-Kentucky, to keep the negotiations going on a possible deficit reduction deal.

The sessions come after talks led by Vice President Joe Biden concluded last week without an agreement and as congressional leaders hardened their positions, making a possible compromise more difficult. FULL POST

Government shutdown looms- no deal yet
House Speaker John Boehner and Senate Majority Leader Harry Reid talk to reporters as they leave a White House meeting Thursday.
April 7th, 2011
03:08 PM ET

Government shutdown looms- no deal yet

WASHINGTON (CNN) - House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nevada, announced Thursday afternoon that negotiators had not yet been able to reach an agreement on a federal budget covering the remainder of the current fiscal year.

The two men made the announcement after emerging from a round of talks at the White House with President Barack Obama.  They said they expected to resume talks later Thursday afternoon and would return to the White House for additional discussions at 7 p.m. ET. 

If Congress and the White House cannot reach an agreement by midnight Friday, when the current spending authorization measure expires, parts of the government will close down.

Topics: Congress • President Obama • The News
October 28th, 2010
10:32 AM ET

Obama to spend three days in India to start Asian trip

Washington (CNN) – President Barack Obama begins a four-nation trip to Asia next week with three days in India to emphasize ties between the world's two largest democracies, top administration officials said Wednesday.

In a briefing to reporters, the officials said Obama hopes to help expand U.S. exports to India while increasing investments by Indian corporations in the United States.

For the complete story, read CNN.com

Topics: Asia • President Obama • The News