BUDGET DEAL:: President Obama starts calling key Republicans to work out budget deal | WashEx

By at March 6, 2013 | 12:28 am | Print

BUDGET DEAL:: President Obama starts calling key Republicans to work out budget deal | WashEx

Susan Ferrechio –

President Obama, having just lost a standoff with Republicans over replacing the sequester budget cuts with tax increases, has for the moment abandoned his campaign-style approach to negotiating and is now personally reaching out to members of the GOP.

Obama in recent days phoned several key Republican senators to begin negotiating a long-term proposal aimed at reducing the nation’s budget deficit and its $16.4 trillion debt and reforming its financially troubled entitlement programs, like Medicare and Social Security, lawmakers and aides told The Washington Examiner.

The president’s new tactic comes as the House and Senate negotiate a bill to fund the government for the remainder of the year that will keep in place the $85 billion in sequester cuts that Obama hoped to at least partially offset with tax increases.

via President Obama starts calling key Republicans to work out budget deal | WashingtonExaminer.com.

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