Obama's Evolution: Behind The Failed ‘Grand Bargain' On The Debt

Why The 'Grand Bargain' Debt Deal Failed

President Obama had just arrived home, walking across Lafayette Square after attending Sunday services with his family at St. John’s Church. In the West Wing, Obama ducked into the spacious office of his chief of staff, where he found his negotiating team huddled with two leading Republicans and a passel of aides.

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