White House denies budget talks have broken down

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White House denies budget talks have broken down
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) - White House spokesman Jay Carney on Tuesday denied that deficit-reduction talks were at an impasse. At the daily press briefing, Carney said any suggestion that the budget talks had "broken down" was "wrong." "Our team is continuing discussions with their congressional counterparts on this matter...we believe we can get this done," Carney said. Carney said the two sides are familiar with the issues. "We are not diving into this either here or on Capitol Hill for the first time. The contours and parameters and even the specifics of what a balanced agreement would look like I think are known by all sides," he said.