President Obama “said tonight that congressional leaders have made progress on a new budget deal, but added that they need to reach a final agreement by Friday morning or face the prospect of a government shutdown that would hurt the economy,” USA Today reports.
"I’m not yet prepared to express wild optimism, but I think we are further along today than we were yesterday," Obama said after an hour-long meeting with House Speaker John Boehner, R-Ohio, and Senate Majority Leader Harry Reid, D-Nevada.
Obama also canceled a planned trip to Indiana on Friday, telling reporters at the White House that he wants to announce a final agreement — but he added that nothing is certain.
"I expect an answer in the morning," Obama said.
Boehner and Reid– who had also met with Obama earlier Thursday — issued a joint statement tonight saying, "we have narrowed the issues, however, we have not yet reached an agreement. We will continue to work through the night to attempt to resolve our remaining differences."
On that joint statement, Lawrence O’Donnell of MSNBC made the following observation via Twitter:
Reid and Boehner refusing to speak is a sign that they might have a deal. Both need to tell their parties before any announcement.