Obama, Republicans Focus on Narrower Deal as Deadline Nears
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President Barack Obama and Republicans are narrowing the debate on a deficit-cutting plan to a reduction of $1 trillion to $2 trillion, though whether that would settle the issue through the 2012 presidential election remains in doubt, according to budget and debt experts.
White House press secretary Jay Carney said today that Obama will continue the deficit talks with Senate Democratic leaders tomorrow at the White House. Carney declined to say whether the president has scheduled any more meetings with Republicans following his discussion yesterday with Senate minority leader Mitch McConnell of Kentucky.