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  • Gang of Six closes in on deficit deal (Saxby Chambliss: Ryan’s plan needs to hike taxes to work)

    04/12/2011 7:30:56 AM PDT · by Qbert · 27 replies
    The Hill ^ | 04/12/11 | Alexander Bolton
    Gang of Six negotiators are close to striking a deal on a deficit-reduction package, according to Senate sources.  White House officials and Democrats are pressing for the six negotiators to wrap up their talks by the Easter recess beginning on April 16. There is no deal yet, however, and Sen. Tom Coburn (R-Okla.) has made clear that he will not be held to an arbitrary timeline.  Coburn has also insisted that a broad deficit reduction package include Social Security reform, something that Democratic negotiators such as Sens. Kent Conrad (N.D.) and Dick Durbin (Ill.) argue should be handled separately.  The...