House Speaker John Boehner offered a “framework” including newrevenue to reduce the U.S. budget deficit during talks withPresident Barack Obama and Congress leaders on averting a year-endfiscal crisis.

Boehner joined White House Press Secretary Jay Carney indescribing today's meeting, the first in a series, as“constructive.” The session featured the same actors, includingHouse Minority Leader Nancy Pelosi and Senate Majority Leader HarryReid, both Democrats, who failed to reach a $4 trillion debtcompromise in mid-2011.

Democrats and Republicans agreed the meeting was more symbolicthan substantive. It was “a photo op for the president, so be it,”said Georgia Republican Tom Price.

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