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WASHINGTON (AP) — In secretive endgame negotiations, President Barack Obama and House Republican leaders reached anew on Thursday for an elusive “grand bargain” deal to cut deficits by $4 trillion or more and prevent a threatened Aug. 2 government default, officials said.

House Speaker John Boehner declared that his rank and file generally stood ready to compromise in order to reach an agreement as a way of “getting our economy going again and growing jobs.

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