OPINION

White House thinks it has debt debate high ground

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President Barack Obama's deficit strategy is a combination of audacity, hope and — in the eyes of Republicans — chutzpah.

Obama, vilified by opponents for ducking the debt debate earlier this year, has seized the opportunity to portray himself as the champion of a $4 trillion "grand bargain" on tax and entitlement reform. This, after Speaker John Boehner (R-Ohio), who spent months pushing the president in that direction, pulled out of any attempt to "go big" over the weekend.

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