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Obama Urges Compromise on Budget

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TEHRAN, Feb 26 (ICANA) – US President Barack Obama has called on congressional representatives to temporarily reach a budget agreement to prevent further political deadlocks.
Saturday, February 26, 2011 9:21:19 PM
Obama Urges Compromise on Budget

In a weekly radio address on Monday, Obama urged both Democratic and Republican congressmen to avoid a political gridlock on budget issues “for the sake of Americans and the economy,” Reuters reported. "It won't be easy. There will be plenty of debates and disagreements and neither party will get everything it wants. Both sides will have to compromise," he said. The US government could suffer a partial shutdown unless lawmakers in the Senate and House of Representatives would agree on a compromise to replace the current spending measure that expires at midnight March 4. Neither party is willing to take the blame for the possible shutdown, which could cause disorder in payments to millions of Americans. However, a Republican senator Rob Portman said his party is seeking to make “sensible reductions” to grow job opportunities, “not to shutdown the government.” This is while the short-term agreement would buy more time for politicians to find common ground for funding the government in the 2011 fiscal year. Obama later added that he "looks forward to working with members of both parties to produce a responsible budget that cuts what we can't afford, sharpens America's competitive edge in the world and helps us win the future." Tens of thousands of public workers have converged in Wisconsin's capital, Madison, for more than a week in an attempt to stop a bill, which would curb their union rights and cut their pay. Many demonstrators from inside and outside Wisconsin have also joined the protests.

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