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House Speaker John Boehner of Ohio pauses while meeting with reporters during a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — A fiscal deadline all but blown, President Barack Obama says he once again wants to seek a big fiscal deal that would raise taxes and trim billions from expensive and ever growing entitlement programs. But with automatic federal spending cuts ready to start taking their toll, the path toward that grand bargain Obama campaigned on last year has significantly narrowed.

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