White House, GOP getting ‘very close’ to budget and debt limit deal ...Middle East

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White House, GOP getting ‘very close’ to budget and debt limit deal
Top Democrats and Republicans sent strong signals Friday night that they’re nearing an elusive agreement on a debt-ceiling increase to prevent an economy-rattling government default.  While negotiators said it was too soon to announce a deal, both sides voiced confidence that they were within striking distance of a compromise to lift the government’s borrowing cap while taking steps to rein in deficit spending — legislation that took on greater urgency Friday afternoon when the Treasury Department announced that the government will run short of cash on Jan. 5.  Leaving for Camp David on Friday, Biden told reporters that negotiators are getting “very close” to a deal. “I'm hopeful

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