The two sides met at the White House hoping to find some middle ground on the debt ceiling and government shutdown impasse.

Walden says he feels it was time well spent.

"We had a frank, candidate and useful discussion with the President and Vice President.  The President didn't say yes, but he dind't say no.  Hopefully this will lead to productive negotiations so we can get our job done and get a handle on our debt and our spending.  We'll see how this plays out.  It was a candid discussion and I was satisfied with what came out of the meeting."

No final decisions came out of the meeting, but the President and Republican leaders agreed that communications should continue.

The proposal GOP leaders laid out would temporarily extend the debt limit through November 22nd and formally apppoint budget negotiators and start immediate discussions over how to re-open the government.