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June 07, 2012


Senators Begin Secret Talks on Grand Bargain

A dozen senators "have begun to organize closed-door briefings with leading economic experts to prod Congress into action. Some lawmakers are quietly pushing to have a major tax and budget package ready by September so a bill can be introduced immediately after the November elections and passed by Christmas," Politico reports.

Said Sen. Dick Durbin: "'There's a genuine concern that a downturn in Europe or another place will force our hand: It's far better for us to start working on this earlier rather than later. If we can present something immediately after the election that is a good solid starting point, I think it's going to restore confidence in the business community."












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