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Thursday, September 15, 2011

No big budget deal before 2012 election, says former comptroller general

Addressing the nation's budget crisis requires a "grand bargain" -- even double the $1.5 trillion Congress aims to save by Thanksgiving -- and such a deal is politically unlikely until after the 2012 elections, former Comptroller General David Walker said on Wednesday.

-Charles S. Clark, FederalNewsRadio.com

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