Government Shutdown: Day 9 - Los Angeles Local News | FOX 11 LA KTTV

Government Shutdown: Day 9

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WASHINGTON - Despite the bluster, the White House and Congress may be edging closer to at least a temporary deal to fund the government and raise the debt ceiling.

In many ways, this is about face-saving measures.  With the President wanting to say he didn't negotiate and Republicans wanting to point to some kind of concession.

Just as the markets were heading for another sour close, President Obama walked into the White House briefing room and appeared to budge -- just a bit.

"I think Democrats in the Senate and the House are prepared to talk about anything.  I'm prepared to talk about anything. They can design
whatever formats they want."

An offer to talk, but only if Republicans pass stop-gap funding to fully reopen the government and raise the debt ceiling enough for a few weeks or months. Yet at the same time, Democrats in Congress were talking about something far different -- piling on another trillion-dollars to the national debt, without any spending cuts.

"We can't raise the debt ceiling without doing something about what's driving us to borrow more money.  The idea we should continue to spend money we don't have would be wrong," said House Speaker John Boehner.

If Boehner and President Obama actually sit down face to face to hammer out a deal, it will be the result two political realities.  Republicans are taking a beating over the government shutdown and the President is pushing something even more politically unpopular -- driving the national debt to well over 18 trillion dollars.

Still, both sides seem to be looking for some way out here.  With next week's debt-ceiling deadline looming, and Wall Street getting more anxious by the day.
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