CNBC: Dems say deal close; Reps say “quite a bridge to close”

  • Dem budget committee chair says deal close
  • Republicans proposing $1 trln in tax hikes, $1 trln in spending cuts
  • Democrats proposing $1.3 trln in revenue, $930 bln in cuts, according to a Republican source

As we’ve learned from the various negotiations in the euro zone over the last three years, noting is agreed until everything is agreed.

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