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US President Barack Obama on Saturday said the administration was working closely with Republicans on the budget cut, but stressed that this process should not affect programs conducive to the nation's competitiveness. Obama on Saturday made separate calls to US House Speaker John Boehner and Senate Majority Leader Harry Reid to discuss the ongoing negotiations on the budget cut for the remainder of the 2011 fiscal year, according to a White House statement. The Congress sent the White House a short-term funding measure on March 17, keeping the government running until April 8, and officials have been working to prevent a government shutdown ever since. Before that, the federal government was funded by stopgap bills since the beginning of the current fiscal year last October. Obama said that he had instructed his team to continue to work hard over the weekend to help reach resolution on the composition of those cuts, and reiterated the administration's opposition to cuts that would undermine the economic growth, job creation, and the nation's ability to win the future. "The President highlighted the progress that has been made but made clear that this process is running short on time, and he urged both sides to reach a final solution and avoid a government shutdown that would be harmful to our economic recovery," noted the statement. |
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