Democrats are being maddeningly tight-lipped about a leadership meeting with President Obama at the White House Wednesday afternoon. But a couple of key tells, and conversations with sources, suggest they believe -- or want reporters to believe -- that a "Grand Bargain" on deficit reduction and raising the debt limit, crafted by the White House and congressional negotiators, is still possible in the next couple weeks.
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First, in remarks that have largely been walked back, White House spokesman Jay Carney said Obama would consider a temporary extension of his borrowing authority. The caveat: this is only true if a deal's been cut, the votes are there, but the legislative process (bill writing, budget scoring, voting) would drag us past August 2.
Second, a House Dem aide offered the following readout of the White House meeting. "House Democrats continue to support the President's "grand bargain" proposal that will not balance the budget on the backs of seniors through cuts to Social Security, Medicare and Medicaid beneficiaries."