9:45pm

Thu April 7, 2011
The Two-Way

Obama: 'Additional Progress' On Budget, But No Deal Yet

"We made some additional progress this evening," President Obama just told reporters at the White House.

But, he added, "I'm not yet prepared to express wild optimism" about the chances for a deal on this year's federal budget in time to avert a government shutdown at midnight Friday.

Obama, House Speaker John Boehner (R-OH), Senate Majority Leader Harry Reid (D-NV) and their aides just finished another meeting.

The president said his staff and aides to the congressional leaders will be "working tonight" and "around the clock" in a bid to strike a deal.

We'll have more in the morning on the budget talks and the fast-approaching shutdown deadline. Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.