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No Shutdown This Year: Reid, Boehner Strike Deal

Move will keep government running into early 2013
By John Johnson,  Newser Staff
Posted Jul 31, 2012 2:43 PM CDT

(Newser) – Neither party apparently wanted to throw a government showdown into the November election mix. Harry Reid and John Boehner said today they'd struck a deal to keep the government running into March of next year, reports Politico. President Obama has given his blessing as well to the deal, which avoids a showdown that had loomed with the end of the current fiscal year on Sept. 30.

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The accord keeps the current spending level at $1.047 trillion. Conservatives aren't thrilled, but, as the Washington Post explains, they don't think it's worth a shutdown fight. After all, they're hoping to gain control of both the White House and Senate in the fall, which would give them much sway over the budget when the six-month deal expires. (Read more government shutdown stories.)

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