Thursday, May 5, 2011

Republican leaders seeking compromise in deficit talks

washingtonpost.com
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Breaking News Alert: Republican leaders seeking compromise in deficit talks

May 4, 2011 10:37:16 PM

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[Note: The headline on an earlier alert incorrectly described the GOP position in deficit talks.]

Senior Republicans conceded Wednesday that a deal is unlikely on a plan to overhaul Medicare and offered to open budget talks by focusing on areas where both parties can agree, such as cutting farm subsidies.

On the eve of debt-reduction talks, House Majority Leader Eric Cantor (Va.) said Republicans remain convinced that reining in federal retirement programs is vital, but recognize they may need to look elsewhere to achieve consensus.

http://link.email.washingtonpost.com/r/ZTVJ68/3OZRSO/AX98SG/NAB20F/KCZ3K/N9/h
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