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OPINION

Debt Talks Face Tough Road of Trade-Offs

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Negotiators trying to tame the United States' spiraling debt said on Thursday that they had tentatively agreed on a number of cuts and are now gearing up for tough trade-offs that could lead to trillions of dollars in savings.
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"We've gone through a first, serious scrub of each of the categories that make up the total federal budget," Vice President Joe Biden told reporters. "Now we're getting down to the real hard stuff: I'll trade you my bicycle for your golf clubs."

Read more: http://www.foxbusiness.com/industries/2011/06/17/debt-talks-face-tough-road-trade-offs/#ixzz1PXkEVfll

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