WASHINGTON (AP) -- President Bush is expressing a readiness to basically split the difference on his centerpiece plan for cutting taxes, bowing to the reality of a Senate that is unwilling to accept his proposed $1.6 trillion, 10-year tax reduction.
Bush's willingness to bargain on his top economic priority comes as House and Senate leaders resume trying to strike a compromise on a 2002 budget in a Thursday meeting.
A House-approved budget included Bush's entire tax proposal plus his plan to restrict spending increases for many programs to 4 percent next year. The Senate, which is split 50-50 between Democrats and Republicans, endorsed a $1.2 trillion tax cut and doubled the spending growth to 8 percent.
In an interview Wednesday with The Associated Press, Bush acknowledged that he would have to give on the tax cut.
"We've come from the ideological to the practical and I'm a practical man," Bush said.
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