House and Senate negotiators have reached an impasse over how to move forward on their respective budget proposals — making any chance of a compromise budget deal to slash the deficit less likely.
House and Senate negotiators have reached an impasse over how to move forward on their respective budget proposals — making any chance of a compromise budget deal to slash the deficit less likely.
The prospects that Budget Committee Chairs Sen. Patty Murray (D-Wash.) and Rep. Paul Ryan (R-Wis.) could reach a deal to hold a budget conference committee are dimming as each side is pushing for different things before a conference can even begin.
House Republicans want a “framework” crafted first, which would include a broad-stroke agreement on taxes, spending and the deficit. Senate Democrats want to head straight to a conference committee and are pushing back against “closed-door negotiations.”
Both the House and the Senate passed their budgets in March before the Easter recess — the Senate for the first time in four years at the House GOP’s prodding — including a provision that would have stopped their paychecks without a budget.
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Source: Ginger Gibson | Politico | May 6, 2013