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Amount of deficit reduction, tax changes, spending changes, and then congress would fill in the blanks of that framework in early next year. i do think that because republicans to some degree why chastened by the election defeat of mitt romney and the fact that democrats gained seats in the senate are more in a mood to compromise and the president realizes that the fiscal cliff and the huge deficits are hanging over his administration and legacy, so everybody's got an incentive to compromise, especially with those tax cuts expiring at the end of the year. >> okay, john harwood as always many t...

Through it, it is called the byrd rule, which says you can only do things directly related to the budget. so insurance regulations are private regulations, and they do affect the budget in spending changes. but it isn't directly about the budget so they go out. what you don't see in the president's bill is anything like that. there is no abortion regulations. i don't think national exchanges -- national exchanges aren't in there. excuse me. there aren't things in there that even though they might be good policy or politically necessary would not survive reconciliation. what we have here is a v...

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