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Deficit talks remain at impasse

$640b GOP plan gets rejected

Washington Post / November 19, 2011

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Congressional negotiators made yet another push yesterday to carve $1.2 trillion in savings from the federal debt but remained stuck in their entrenched positions on tax policy as the clock ran down on their efforts to reach a deal. Running from one small huddle to another, lawmakers on the special deficit committee continued trying to reach a compromise before a Wednesday deadline. After that, the panel loses special legislative advantages that could help its recommendations win congressional approval.

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