Economic Program | Memo

Six Facts About a Grand Bargain

by David Brown and David Kendall

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As the lame duck begins, President Obama will begin his push for a grand bargain to reduce our long-term debt and avert the fiscal cliff. But opponents of a balanced deal are already planting their flags—not just on the Republican side, but also on the left of the Democratic Party.

In this memo we lay out six key facts about a grand bargain.

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