Obama, Republicans Lay Out Positions for Fiscal NegotiationsU.S. President Barack Obama and congressional Republicans have set out initial positions ahead of difficult negotiations on deficit and debt reduction and taxes. As Mr. Obama has invited congressional leaders from both major political parties to the White House for talks next week to forge consensus.
After Obama's election victory, both sides are talking about common ground, although actually finding it and seizing opportunities for bipartisan compromise will be hard.
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