Due to playing in the mud (don’t ask, trust me it’s messy), the Evening Edition will brought to you by c’est moi.
Lawmakers harden positions on taxes, spending
WASHINGTON (Reuters) – Republicans and Democrats dug in their heels on Friday as President Barack Obama prepared to wade into a divisive debate over taxes and spending aimed at heading off a default on the government’s debt.
The White House said Obama will meet separately with Senate Democratic and Republican leaders on Monday in an effort to resurrect negotiations that collapsed when Republicans walked out on Thursday over Democrats’ demands for tax hikes.
Banks move closer to deal on Greek bailout
ATHENS/FRANKFURT (Reuters) – Banks and policymakers moved closer to a deal on Friday to help Athens secure funds ahead of a parliamentary vote on austerity next week that Greek Prime Minister George Papandreou must win to avert default.
Despite a refusal by the conservative opposition to back the plan agreed with international lenders and signs of revolt in his own socialist party, Papandreou said he was confident the deeply unpopular package of spending cuts, tax hikes and privatizations would pass.
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