Obama calls for smaller-scale budget deal with GOP

President Barack Obama and first lady Michelle Obama wave as they board Air Force One at Andrews Air Force Base, Md., Friday, Dec. 21, 2012 before departing for Hawaii. (AP Photo/Ann Heisenfelt)WASHINGTON (AP) — President Barack Obama has throttled back his ambitions for a sweeping budget bargain with Republicans. Instead, he's calling for a scaled-back measure sufficient to prevent the government from careening off the "fiscal cliff" in January by extending tax cuts for most taxpayers and forestalling a painful set of agency budget cuts.




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