Budget crisis eases as Republicans seek to avoid shutdown

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U.S. President Barack Obama participates in his first cabinet meeting of his second term in the Cabinet Room of the White House in WashingtonWASHINGTON (Reuters) – Tension over the fiscal crisis eased on Monday as President Barack Obama called more opposition lawmakers to find a way to stop $85 billion in damaging budget cuts and congressional Republicans announced a plan to prevent a government shutdown. Eager to resolve fiscal fights overshadowing his second term, the Democratic president called Maine Republican Senator Susan Collins and Oklahoma Republican Senator Tom Coburn after speaking to other Republican senators over the weekend. …

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