07/14/2011 07:39 pm ET | Updated Sep 13, 2011

Republican Party: The GOP's Lost Opportunity On Taxes

Maybe President Obama never would, or could, have delivered enough congressional Democrats to pass a “grand bargain” to tame the long-term deficit. But as the prospects for a big deal dwindle, a combination of ideological rigidity and political hubris is preventing Republicans from putting him to that test.

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