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A1 Progress in Budget Talks Congressional leaders met with President Clinton and said they had made modest progress on a budget agreement that would let Congress finish its work and adjourn.
Whee! Progress in budget!
And lawmakers passed a temporary spending measure even as progress in budget talks seemed to falter.
The Dow was up as much as 77 points in morning trading, but it turned negative when House Speaker John Boehner reported little progress in budget talks.
Many investors remain nervous about political gridlock in Washington, expressing concern that the federal government could shut down because Washington lawmakers appear to be making little progress in budget talks.
Stocks rose on Wall Street on Monday as investors were encouraged by signs of progress in budget talks in Washington two weeks before tax increases and government spending cuts will take effect if no deal is reached.
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Mayor Bloomberg, a day after two of his spokesmen complained about the lack of progress in the budget talks, said yesterday, "Everybody is cooperating".
President Barack Obama on Saturday used his weekly address to appeal for progress in Congressional budget talks, rather than to discuss the ongoing controversy over the implementation of his signature healthcare reform, known as Obamacare.
Expect it to be talk of floor tonight during 6pm hr vote series October 14, 2013 6.15pm BST Obama: 'there has been some progress' Speaking to reporters at a Washington food pantry, where hailed volunteer work by furloughed federal workers, President Obama said there had been "progress" in the budget talks.
The unusual nighttime meeting came after top lawmakers and senior Congressional aides reported progress in confidential budget talks between the House and Senate earlier on Wednesday while the president warned that a government shutdown would cut off popular services and stall the economic recovery.
Mr Cameron said he wanted "to give the motorist a fair deal" and hoped the government would be able to announce "some progress" in the budget in March.
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