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Obama, House Republicans in endgame in debt talks

Obama, House Republicans in endgame in debt talks

By DAVID ESPO
The Associated Press

Published Jul 21, 2011 10:01PM MDT

Washington • In secretive endgame negotiations, President Barack Obama and House Republican leaders reached anew on Thursday for an elusive “grand bargain” deal to cut deficits by $4 trillion or more and prevent a threatened Aug. 2 government default, officials said.
House Speaker John Boehner declared that his rank and file generally stood ready to compromise in order to reach an agreement as a way of “getting our economy going again and growing jobs.” Obama, in a newspaper opinion piece, said...

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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