From NEWSMAX:
President Barack Obama sought Sunday to break an impasse with Republicans on deficit reduction and avert a potentially catastrophic debt default that could reverberate globally.
The gathering at the White House, which included leaders of both parties, lasted less than 90 minutes, a much shorter session than the four or five hours congressional aides had predicted late last week.
The meeting came a day after Republicans shied away from a broad $4 trillion deficit-reduction deal and urged a focus instead on a $2 trillion plan…
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