Posted: Jul 30, 2011 8:43 AM by James H Egbert
Updated: Jul 30, 2011 9:07 AM
In a weekly radio address President Barack Obama made reference to a ticking clock counting down to a Tuesday deadline proclaiming that the disagreements are not that great in urging Democratic and Republican lawmakers to work together in reaching a deal that would avoid a default in the US government budget.
"There is very little time..." said the President while also referring to the possibility of a "rough agreement" and that "there are plenty of ways out of this mess."
Arizona Sen. Jon Kyl said in the Republican radio address that it is important for the country to avoid default, but the Democrats need to work more closely with Republicans.
Kyl went on to accuse Democrats of using the crisis "as an opportunity to impose huge tax increases on American families and small businesses..." instead of reining in big government over spending.
The Senate shot down the House measure upon arrival and is expected to vote early Sunday morning to cut off debate on its own plan.
Members of congress are meeting today around mid-day to hammer out more terms on a deal proposal.