Debt Negotiations: Can A Deal Be Struck?

Even before President Obama could return for talks with Congressional leaders on the debt ceiling and deficit reduction, Speaker of the House John Boehner pulled the plug. The talks are some of the biggest policy discussions in decades, but Speaker Boehner said Saturday night in a paper statement that he is now skeptical that an agreement can be reached in a $4 trillion deal. "Despite good-faith efforts to find common ground, the White House will not pursue a bigger debt reduction agreement...Full Story
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