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VOL. 126 | NO. 245 | Friday, December 16, 2011

Obama: No Reason Government Should Shut Down

AP

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WASHINGTON (AP) – President Barack Obama says there is no reason for the government to shut down over Congress' struggle on how to extend a payroll tax cut.

He said Congress "cannot and should not leave for vacation until they've made sure that a tax increase doesn't happen."

His remarks came as congressional leaders were sounding a more optimistic note Thursday that deals could be reached on a massive spending bill and on extending the payroll tax cut and unemployment insurance.

Senate Majority Leader Harry Reid and Obama have been pushing back against the idea of completing the year-end spending deal without action assured on unemployment benefits and the payroll tax cut.

Without a spending deal by Friday or a temporary stop-gap measure, much of the government would shut down this weekend.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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PROPERTY SALES 85 354 12,626
MORTGAGES 113 438 16,470
FORECLOSURE NOTICES 21 98 3,290
BUILDING PERMITS 358 918 27,694
BANKRUPTCIES 55 276 10,490
BUSINESS LICENSES 18 120 4,204
UTILITY CONNECTIONS 78 429 16,350
MARRIAGE LICENSES 26 125 3,691

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