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Keyword: averts

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  • Last-minute deal averts government shutdown

    04/08/2011 9:53:47 PM PDT · by NormsRevenge · 46 replies
    Los Angeles Times ^ | 4/8/11 | Michael A. Memoli, James Oliphant, Lisa Mascaro and Kathleen Hennessey
    Congressional negotiators struck a last-minute deal to fund the government for the rest of the fiscal year, congressional leaders and the White House said late Friday, averting a threatened shutdown. The House and Senate are expected to approve a seven-day stopgap measure to keep the government running until the final details of the agreement can be worked out. Talks continued deep into the evening until, finally, House Speaker John A. Boehner (R-Ohio) met with his caucus to outline the details of the proposed compromise, one in which Republicans succeeded in securing nearly $38 billion in cuts from current spending levels....