Republicans Must Rally to Regain Political Advantage on Fiscal Front

Key leaders must prove themselves as credible negotiators.

House Majority Leader Eric Cantor, R-Va., left, and Speaker of the House John Boehner, R-Ohio, arrive to a second Republican caucus meeting at the U.S. Capitol in Washington, on Tuesday, Jan. 1, 2013.
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But Bonjean says pressure will also fall on the president to lead off negotiations, because of the timing of high-profile, agenda-setting speeches.

"The president will be forced to go first with his inaugural address as well and more importantly his budget that he will submit at the beginning of February and that could set the tone for the talks or negotiations," he says.

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