Even before House Republicans took up their so-called "Cut, Cap and Balance" budget plan today, the Obama White House portrayed it as reckless. A new plan from the Senate, which includes new revenue, is getting a better reception. Speaking to reporters, President Obama endorsed the deficit reduction plan put forward by the so-called "Gang of Six." Dan Friedman covers the Senate for the National Journal.
Bipartisan Debt Deal Develops in Senate
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