WASHINGTON - President Obama and House Speaker John Boehner raced to nail down a last-minute deal yesterday that would deeply cut government programs and possibly restructure the nation’s tax code, but anxious Senate Democrats insisted any plan must contain some immediate revenue increases.
Details of a plan to cut roughly $3 trillion from the deficit’s growth over the next decade were still being negotiated. Such a deal would be tied to a vote to raise the nation’s debt limit before the government defaults on some of its obligations in 11 days.
Initial responses to some elements of the plan, however, were worrisome for negotiators. Senate Democrats emerged from a combative hourlong meeting with Jacob Lew, the White House budget director, angry over the possibility that a final plan would be tilted too far toward budget cuts and not include enough new revenues.

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