Grand Bargain Eludes Budget Negotiations
Top White House officials are stepping up meetings with Senate Republicans in hopes of averting a deadline-driven clash over federal spending this fall, according to people familiar with the sessions. But the two sides remain far apart on basic questions of whether to raise tax revenue and how to rein in the cost of Medicare.
As President Barack Obama took to the road last week to outline his economic vision, his top aides met twice with a group of eight Senate Republicans as part of a search for compromise on...