'Historic' deal to avoid first government shutdown in 15 years

Friday, April 8, 2011 | 11:07 p.m. CDT; updated 11:23 a.m. CDT, Saturday, April 9, 2011

WASHINGTON — Perilously close to a government shutdown, President Barack Obama and congressional leaders reached a historic agreement late Friday night to cut about $38 billion in federal spending and avert the first federal closure in 15 years.

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