LANDOVER, Md., April 1 President Barack Obama
said on Friday he believes U.S. lawmakers are close to a budget
deal but warned there is a chance an impasse could lead to a
Obama weighed in on the budget debate at the end of a
speech at a UPS shipping facility in suburban Washington. He
said both Democrats and Republicans are close to an agreement,
but that there are still differences to work out.
Given the encouraging news earlier in the day about a
slight decline in the U.S. jobless rate, Obama said, "It would
be the height of irresponsibility to halt our economic momentum
because of the same old Washington politics."
"We know that a compromise is within reach. And we also
know that if these budget negotiations break down, it could
shut down the government and jeopardize our economic
(Reporting by Steve Holland and David Alexander; editing by