Budget deal not expected on Thursday: aide

WASHINGTON (Reuters) – A budget deal to avert a government shutdown by week’s end is not expected to be reached on Thursday, a House of Representatives Republican aide said.

President Barack Obama was meeting late on Thursday with Republican House Speaker John Boehner and Senate Democratic Leader Harry Reid in the hopes of reaching a deal on spending cuts for the rest of this fiscal year, which ends September 30.

The aide, who asked not to be identified, said prospects for a deal on Friday depended on how the White House meeting goes.

(Reporting by Richard Cowan; Editing by Eric Beech)

Budget deal not expected on Thursday: aide