Bolitics: Government Shutdown Narrowly Avoided As President Obama And Congress Reach

Thank God for that.

WASHINGTON (AP) - Perilously close to a government shutdown, President Barack Obama and congressional leaders reached a historic agreement late Friday night to cut about $38 billion in spending and avert the first federal closure in 15 years.

Obama hailed the deal as "the biggest annual spending cut in history." House Speaker John Boehner said that over the next decade it would cut government spending ...

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