, Columnist
A Budget Deal Takes Shape
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A likely congressional budget deal will be small-bore fiscally, but will have important political implications and benefits for both parties.
Senate Budget Committee Chairman Patty Murray, a Washington Democrat, returned to the capital yesterday and plans to meet today with her House counterpart, Representative Paul Ryan, a Wisconsin Republican. By the end of this week, there could be an agreement that replaces part of the automatic across-the-board spending reductions under the so-called sequestration with a combination of less unpopular spending reductions and increased revenue.