Shutdown averted Deal will cut $37.8 billion from federal budget

“This is indefensible, and everyone should be outraged,” Mr. Reid said on the Senate floor. “The Republican House leadership have only a couple of hours to look in the mirror, snap out of it and realize how truly shameful they have been.” All morning and into the afternoon, the two sides offered their different versions of what was happening — but the picture became no clearer.

Jobless_in_Ma wrote:Whats a Billion or two amongst friends. Shut it down..Lets see how that helps the recovery? Double dip anyone?

"I'd like to inform my colleagues that additional legislative business and votes are possible today," Cantor said. "I would expect members to have at least one hour's notice prior to any recorded votes. Due to ongoing negotiations, it is critical for the House to remain in legislative session."

Cantor also reiterated that if appropriations lapse at the end of Friday, "I fully expect the House to meet tomorrow."

NEW YORK (CNNMoney) -- Let's hope children aren't watching C-SPAN these days.

Lawmakers are behaving in ways that would earn them a time-out if they were in kindergarten.

Washington (CNN) -- Budget negotiators are working on a proposal to keep the federal government open for another three days while Democratic and Republican leaders try to put together a broader deal this weekend, a senior Democratic source told CNN late Friday.

Jobless_in_Ma wrote:The sad part is Most Americans have NOOOO idea the Government is about to shut down and exactly what that means to the average citizen. American have become so Naive to the things that happen in Washington DC. Only when it directly effects them do they become aware. Usually when its too late.

Jobless_in_Ma wrote:The sad part is Most Americans have NOOOO idea the Government is about to shut down and exactly what that means to the average citizen. American have become so Naive to the things that happen in Washington DC. Only when it directly effects them do they become aware. Usually when its too late.

Today 7:55 PM Boehner: 'I Was Born With A Glass Half Full'
edhenrycnn @ edhenrycnn : Exclusive: Boehner tells our Hill team after another call with President he's optimistic about deal: "I was born with a glass half full"

oday 7:46 PM Reid Now Expected To Speak At 9 P.M

HuffPost's Elise Foley:

Morning business in the Senate -- a period where the chamber sits mostly empty with little activity -- was extended from 8 p.m. to 9 p.m., pushing back by another hour a possible statement from Senate Majority Leader Harry Reid over the state of the negotiations.