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Boehner to seek smaller $2 trillion deal

(07-09) 18:06 PDT WASHINGTON (AP) — House Republican budget negotiators have abandoned plans to pursue a massive $4 trillion, 10-year deficit reduction package in the face of stiff GOP opposition to any plan that would increase taxes as part of the deal. House Speaker John Boehner informed President Barack Obama Saturday that a smaller agreement of about $2 trillion was more realistic. In a statement issued Saturday evening, Boehner said: “Despite good-faith…