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Geithner: We want `biggest deal possible' on debt

July 10, 2011

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WASHINGTON—Treasury Secretary Timothy Geithner says the Obama administration wants to seek "the biggest deal possible" on debt reduction.

His comments Sunday follow word from GOP congressional leaders that the White House's $4 trillion package was off the table.

Geithner tells NBCs' "Meet the Press" that reaching a deal requires compromise on both sides. The president is set to hold debt talks at the White House Sunday evening with leaders from both parties.