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"Coming out of it, the president told me that everyone in the room believes that a significant deal remains possible," Carney said.
Carney also reiterated the White House's calls for a balanced approach that includes attempting to increase revenue as well as cut spending. He said possible sources of revenue increases include closing subsidies and loopholes to oil and gas companies, adjusting the way that businesses account for inventory in taxes. He also mentioned "simplifying the tax code," leaving aside details.
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