"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/.