Tue July 5, 2011
The Two-Way

Today's 'Deficit Deal' Headlines

What's going on with the talks in Washington between Republicans and Democrats over the budget, the debt and the federal debt ceiling? As deadlines approach — the White House wants a deal by July 22 to avoid a potential government shutdown on Aug. 2 — we'll keep an eye on the latest headlines. Here are some of today's (and as often happens on stories like this, there are conflicting reports):

-- Reuters — "Analysis: Debt Deal Not That Far Out Of Reach."

-- The Wall Street Journal -- "Deficit Talks Focus On Taxes; Democrats, GOP At Odds Over Raising Revenue As Negotiations Hit Crucial Stage."

-- Politico — Rep. James Clyburn, (D-SC): "GOP Tax Pledge Killing Debt Deal."

-- Bloomberg News — Sen. John Cornyn (R-TX) "Says Republicans May Accept 'Mini' Deal on Raising U.S. Debt Limit."

-- The Hill -- "Redistricting Adds To Republican Leaders' Debt-Vote Pressures."

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