Budget talks near collapse as G.O.P. leader quits
Story Date: 6/24/2011

 

Source:  Carl Hulse, NY TIMES, 6/24/11

Budget talks aimed at clearing the way for a federal debt limit increase teetered near collapse Thursday as Representative Eric Cantor, the House majority leader, abandoned the negotiations and top Republicans said they would not give in to a Democratic push for new revenues as part of a compromise.

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