federal budget

Officials say House Republicans are offering to pass legislation to avert a default and end the partial government shutdown as part of a package that includes cuts in benefit programs.

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After weeks of ultimatums, President Barack Obama and House Republicans are exploring whether they can end a budget standoff that has triggered a partial government shutdown and edged Washington to the verge of a historic, economy-jarring federal default.

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Facing a fresh deadline, House Speaker John Boehner says Republicans would vote to extend the government's ability to borrow money for six weeks — but only if President Barack Obama first agrees to fresh negotiations on spending cuts.

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 House Speaker John Boehner told Republican lawmakers Thursday he will give President Barack Obama a proposal extending the government's ability to borrow money through Nov. 22 — but only if he agrees to negotiate over ending the partial government shutdown and a longer-term increase in the debt ceiling.

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House Republican leaders are considering a short-term increase in the U.S. debt limit as a possible way to break the gridlock that threatens the nation with an unprecedented default in as little as a week, officials said Wednesday night.

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The Republican-led House has passed legislation to restore death benefits to the families of fallen U.S. soldiers halted by the government shutdown.

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President Barack Obama is having House Democrats to the White House as a showdown over the budget extends into its ninth day.

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Republicans and Democrats have made no significant progress is getting federal employees back to work and raising the debt limit.

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President Barack Obama and House Speaker John Boehner offered hints of possible compromise but also traded heated rhetoric Tuesday, a frustratingly inconclusive combination that left the eight-day partial government shutdown firmly in place and the threat of an unprecedented national default drawing closer.

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The stock market's slow bleed got a little worse Tuesday.

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