OPINION

Republicans Quit Budget Talks on Tax ‘Impasse’

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President Barack Obama likely will step into the final stages of talks to break a deadlock over a plan to cut budget deficits, his spokesman said after two Republicans dropped out of talks led by Vice President Joe Biden.

House Majority Leader Eric Cantor cited an “impasse” over tax increases in refusing along with Senator Jon Kyl to attend today’s planned negotiating session. They called for Obama to take the lead.