Budget Deal Unveiled, but Can They Sell It?

NJ Daily

Budget Deal Unveiled, but Can They Sell It?

 

(Chet Susslin)

By , and December 10, 2013

After weeks of closed-door talks, House and Senate negotiators finally unveiled a two-year budget deal Tuesday that attempts to calm the long-fought feud over spending on Capitol Hill. But the question remains whether they can sell it to rank-and-file lawmakers.

The deal is far from a grand bargain. But if approved by the House and Senate, the compromise would not only keep government funded and open beyond Jan. 15, but also would provide $63 billion in sequester relief over two years—all without new tax revenue.

“This is the first divided-government budget agreement since 1986,” said House Budget Chairman Paul Ryan, the chief Republican negotiator. Continue reading “Budget Deal Unveiled, but Can They Sell It?”

Conservatives sound alarm over tentative budget deal

Conservatives sound alarm over tentative budget deal

Published December 11, 2013 FoxNews.com

Conservative groups pushed back hard against the proposed federal budget agreement announced Tuesday, arguing that the tentative deal unravels hard-fought spending cuts.

Senate Budget Committee Chairwoman Patty Murray, D-Wash., and House Budget Committee chairman Paul Ryan, R-Wis, the lead negotiators on the agreement, detailed the specifics of the proposal at an evening press conference.

The proposal would restore about $63 billion in funding that had been cut by the so-called sequester. Officials said the increases would be offset by a variety of spending reductions and increased fees elsewhere in the budget totaling about $85 billion over a decade, leaving enough for a largely symbolic deficit cut of $23 billion over the next decade. Continue reading “Conservatives sound alarm over tentative budget deal”