Obama’s Goal of Grand Budget Deal Elusive as Talks Begin
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Forget talk of a budgetary grand bargain when members of Congress sit down to meet a December deadline for progress on a revenue-and-spending plan.
Lawmakers say even a mini-bargain to carry the government through the next year or two would be difficult, never mind a breakthrough on entitlement spending limits and tax revenue that’s eluded negotiators for the past three years.