WASHINGTON (AP) — Washington’s outgunned deficit hawks huddled Wednesday for their annual pep rally, but this year’s gathering came as lawmakers and the White House have given up any pretense of tackling the country’s budget woes in the run-up to November’s midterm elections.
The annual “fiscal summit” was held just blocks from the Capitol, where the Senate was debating a measure extending tax breaks for a variety of special interests for another two years at a cost of $85 billion.
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